Investors are likely to see gains in early trading on the Australian share market and will be hoping the main indexes can finish higher for a fifth consecutive day.

The SPI 200 futures contract was higher by 36 points, or 0.65 per cent, to 5,064.0 at 0700 AEST on Thursday, indicating rising prices in early trade.

The three major Wall Street indexes notched finished higher overnight as investors bet on a swift economic recovery from coronavirus-driven lockdowns and the potential for more stimulus measures from the Federal Reserve.

The Dow Jones Industrial Average rose 1.52 per cent to end at 24,575.9 points, while the S&P 500 gained 1.67 per cent, to 2,971.61. The Nasdaq Composite climbed 2.08 per cent to 9,375.78.

Back on the home front, employment figures for April are due to be published.

The data will give more insight into the economic toll of social distancing restrictions after employers let go and stood down thousands of workers.

The heads of APRA, ASIC and the Reserve Bank will discuss their response to the coronavirus in an online forum held by the Financial Services Institute of Australasia.

The S&P/ASX200 benchmark index finished Wednesday up 13.5 points, or 0.24 per cent, at 5,573 points. The All Ordinaries index gained 21.3 points, or 0.38 per cent, to 5,680.1.

The Australian dollar was buying 65.98 US cents at 0700 AEST, up from 65.43 US cents at the close of trade on Wednesday.

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