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…