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5 things to watch on the ASX 200 on Wednesday 21 April 2021

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On Tuesday the S&P/ASX 200 Index (ASX: XJO) was out of form and sank lower. The benchmark index dropped 0.7% to 7,017.8 points.

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

ASX 200 expected to sink

It looks set to be a tough 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 a sizeable 78 points or 1.1% lower this morning. This follows a poor night of trade on Wall Street, which saw the Dow Jones fall 0.75%, the S&P 500 drop 0.7%, and the Nasdaq tumble 0.9%.

Oil prices fall

It could be a difficult day for energy producers such as Santos Ltd (ASX: STO) and Woodside Petroleum Limited (ASX: WPL) after…



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