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ASX to rise as we farewell 2021

·Personal Finance Editor
·2-min read
The ASX board showing company price changes and the Sydney Harbour new years fireworks.
The local market is expected to get a boost at the open for the final day of 2021. (Source: Getty)

Good morning.

ASX: The local market is expected to open higher this morning after a solid lead from Wall Street overnight.

This comes after surging Omicron infections clouded sentiment in the Australian share market yesterday, with modest gains in the heavyweight banking and mining sectors keeping the market in positive territory.

Wall St: The Dow Jones hit an all-time high, extending a record-setting run.

Financials, materials, and energy sectors, which tend to benefit in an environment of improving economic outlook, led gains among nine of the 11 major S&P 500 sector indexes trading higher.

BTC: Bitcoin was flat again overnight.

Goodbye 2021: Aussies will cautiously welcome the new year with historically low crowd numbers expected at fireworks and events across the country.

After a tumultuous 2021, Australians will be among the first in the world to ring in the new year as the clock ticks towards midnight on Friday.

Sydney's fireworks will take centre stage, with thousands set to flock to vantage points, as celebrations go ahead despite surging COVID-19 infections.

Covid requirements: Aussies will now only need to isolate for seven days if they are a close contact.

NSW, Victoria, Queensland, South Australia and the ACT will on Friday adopt a new definition of a close contact agreed to at Thursday's national cabinet meeting.

In those jurisdictions, a close contact will only cover household or intimate contacts who spent more than four hours with a positive case.

Thanks, I love it: 'Tis the season to be ... selling unwanted Christmas gifts online.

Research has found more than 100 pre-loved presents were listed every minute on Boxing Day by Australians on eBay, with Victorians the most prolific peddlers.

Friday founder: Occupational therapist (OT) Deb Hopper is the founder of LifeSkills4Kids, where she combines clinical work with training other OTs, parents and educators to understand kids’ behaviour and scale their businesses.

Yahoo Finance caught up with Deb to hear how she grew her business to $249k last financial year.

Happy New Year!

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