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ASX 200 expected to open flat

The Australian share market looks set for a subdued start to the week despite a reasonably positive finish on Wall Street.

According to the latest SPI futures, the ASX 200 is expected to open the day flat.

More gains for U.S. stocks on Friday sent Wall Street to its latest record, milestone and winning week.

The S&P 500 rose 0.6% and finished a day above the 5,000 level for the first time. It’s the 10th record in less than a month for the index, which closed its 14th winning week in the last 15 to continue a romp that began around Halloween.

The Nasdaq composite jumped 1.2% to pull within 0.4% of its own all-time high, which was set in 2021. The Dow Jones Industrial Average was a laggard a day after setting its own latest record. It slipped 54 points, or 0.1%.

[ATTACH=full]170648[/ATTACH]

<blockquote data-quote="bigdog" data-source="post: 1264899" data-attributes="member: 4374"><h2>ASX 200 expected to open flat</h2>The Australian share market looks set for a subdued start to the week despite a reasonably positive finish on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day flat.More gains for U.S. stocks on Friday sent Wall Street to its latest record, milestone and winning week.The S&amp;P 500 rose 0.6% and finished a day above the 5,000 level for the first time. It’s the 10th record in less than a month for the index, which closed its 14th winning week in the last 15 to continue a romp that began around Halloween.The Nasdaq composite jumped 1.2% to pull within 0.4% of its own all-time high, which was set in 2021. The Dow Jones Industrial Average was a laggard a day after setting its own latest record. It slipped 54 points, or 0.1%.[ATTACH=full]170648[/ATTACH]</blockquote>

[QUOTE="bigdog, post: 1264899, member: 4374"] [HEADING=1][SIZE=5]ASX 200 expected to open flat[/SIZE][/HEADING] The Australian share market looks set for a subdued start to the week despite a reasonably positive finish on Wall Street. [B]According to the latest SPI futures, the ASX 200 is expected to open the day flat.[/B] More gains for U.S. stocks on Friday sent Wall Street to its latest record, milestone and winning week. The S&P 500 rose 0.6% and finished a day above the 5,000 level for the first time. It’s the 10th record in less than a month for the index, which closed its 14th winning week in the last 15 to continue a romp that began around Halloween. The Nasdaq composite jumped 1.2% to pull within 0.4% of its own all-time high, which was set in 2021. The Dow Jones Industrial Average was a laggard a day after setting its own latest record. It slipped 54 points, or 0.1%. [ATTACH type="full"]170648[/ATTACH] [/QUOTE]

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