1. State governments are divided over reopening Australia's state borders after the surge in COVID-19 cases in Victoria. The reintroduction of lockdown restrictions in Victoria has triggered warnings that QLD and WA may also keep their borders closed for longer.

2. Metcash is in discussions to purchase 70% of tool company Total Tools Holdings for almost $57 million, despite reporting a loss for the 2020 financial year.

3. The ZEET stocks have bounced back from the previous weeks' drops, with Zip Co back to 6.16 on Friday close, ELMO back to 7.62, EML up 2.91% closing at 3.89 and Tyro back on the rising trend at 3.84.

4. The ASX is expected to fall this morning, after Wall Street closed at a loss on Friday. Experts associate fears of a second wave of infections with the fear in the market, as the World Health Organisaiton warned the pandemic is accelerating and the US reported 30,000 new cases on Friday and Saturday (highest daily totals since May 1).

5. The Dow fell 0.80% on Friday closing at 25,871.46. The S&P 500 is down 0.56% to 3,097.74 and Nasdaq rose 0.031% to 9,946.12.