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5 things to watch on the ASX 200 on Wednesday 5 May 2021

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On Tuesday the S&P/ASX 200 Index (ASX: XJO) was on form and charged higher. The benchmark index rose 0.55% to 7,067.9 points.

Will the market be able to build on this on Wednesday? Here are five things to watch:

ASX 200 expected to fall

It looks set to be a difficult day of trade for the Australian share market on Wednesday. According to the latest SPI futures, the ASX 200 is expected to open the day 24 points or 0.35% lower this morning. This follows a poor night of trade on Wall Street which saw the Dow Jones rise slightly but the S&P 500 fall 0.7% and the Nasdaq sink 1.9%. The latter could be bad news for local tech shares, which tend to follow the Nasdaq’s lead.

ANZ half year update

The Australia and New Zealand Banking…



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