The benchmark S&P/ASX200 (^AXJO) has finished 0.34 per cent higher at 6,044.2 points on Monday
The broader All Ordinaries index (^AORD) was up 0.35 per cent to 6,169.60 points.
What happened at midday?
The ASX200 was slightly in the green in midday trade, up 0.018 per cent but falling at 12:39pm AEST. At that time, it sat at 6,024.50 points.
The All Ordinaries was following a similar path, up 0.055 per cent to 6,151.40 points.
It came as New South Wales recorded a reasonably positive coronavirus case tally, with only 17 new cases. However, Victoria recorded a whopping 532 new cases, with experts predicting this could be the peak for the state.
Monday also saw spot gold hit a new record of US$1,922.63 an ounce.
What happened this morning?
The ASX200 slipped 0.18 per cent after US markets were hit by a broad sell-off on Friday.
That brought the ASX200 to 6,013.10 points at 10:15am AEST.
The All Ordinaries also slid 0.055 per cent to 6,144.60 points.
More than 1,000 people died of Covid-19 on Friday in the USA, triggering a selling frenzy. Total cases in the country now total more than 4 million people.
Australians this week will be keeping an eye on the inflation data due out on Wednesday, with experts predicting the consumer price index will fall by 2 per cent.
What happened on Friday?
Wall Street dove on Friday with tech companies plunging the most as they announced weaker earnings.
Intel Corp saw shares plunge 16.2 per cent, making it the worst performer on the day. The fall comes ahead of Apple, Amazon and Alphabet Inc.’s earnings calls later this week.
The Dow Jones Industrial Average fell 182.44 points, or 0.68 per cent, to 26,469.89, the S&P 500 lost 20.03 points, or 0.62 per cent, to 3,215.63 and the Nasdaq Composite dropped 98.24 points, or 0.94 per cent, to 10,363.18.