Business
5 things to watch on the ASX 200 on Friday 16 April 2021
On Thursday the S&P/ASX 200 Index (ASX: XJO) overcame a weak start to storm notably higher. The benchmark index rose 0.5% to 7,058.6 points.
Will the market be able to build on this on Friday? Here are five things to watch:
ASX 200 expected to rise
The Australian share market looks set to end the week on a positive note. According to the latest SPI futures, the ASX 200 is expected to open the day 13 points or 0.2% higher this morning. This follows a very strong night of trade on Wall Street, which saw the Dow Jones rise 0.9%, the S&P 500 climb 1.1%, and the Nasdaq storm 1.3% higher. Exceptional US economic data sent shares hurtling higher.
Oil prices rise
Energy producers including Santos Ltd (ASX: STO) and Woodside Petroleum…
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