On Thursday the S&P/ASX 200 Index (ASX: XJO) was back on form and charged notably higher. The benchmark index rose 0.8% to 7,055.4 points.
Will the market be able to build on this on Friday? Here are five things to watch:
ASX 200 expected to fall
The Australian share market looks set to end the week on a disappointing note. According to the latest SPI futures, the ASX 200 is expected to open the day 24 points or 0.35% lower this morning. This follows a poor night of trade on Wall Street, which saw the Dow Jones, S&P 500, and Nasdaq all fall 0.9%. This follows reports that President Biden is eyeing a capital gains tax hike in the US.
Oil prices rebound
Energy producers including Santos Ltd (ASX: STO) and Woodside Petroleum Limited…