The Australian share market is expected to open higher after Wall Street made solid gains overnight.
The SPI200 futures contract was up 21 points, or 0.33 per cent, 5807 at 0700 AEDT on Friday, indicating the benchmark ASX/200 will be higher at the open.
In the final hour of trade on Wall Street, the major US stock indexes are higher, thanks to gains in defence shares as well as healthcare stocks.
The S&P 500 industrials rose, led by defense contractors Lockheed Martin and Northrop Grumman , after US President Donald Trump unveiled a revamped US missile defence strategy.
The Dow Jones Index was 0.34 per cent higher, the broader S&P 500 index is up 1.01 per cent, and the tech-heavy Nasdaq gained 0.39 per cent.
The Aussie dollar is higher, buying 72.00 US cents from 71.58 US cents on Thursday.