Before the Bell | Sneaker maker Allbirds jumps in public market debut
By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- U.S. stock index futures were steady during early morning trading on Thursday after the major averages closed at records following commentary from the Federal Reserve.
- The San Francisco-based company Allbirds, founded in 2015, makes a range of apparel but is best known for its low-profile shoes, which have gained popularity especially among tech-industry workers.
Market Snapshot
U.S. stock index futures were steady during early morning trading on Thursday after the major averages closed at records following commentary from the Federal Reserve.
The central bank said it will begin to slow its bond-buying program, signaling that the economy can now handle an unwinding of pandemic stimulus.
Futures contracts tied to the $Dow Jones Industrial Average (.DJI.US)$ fell about 29 points, $S&P 500 Index (.SPX.US)$ futures and $NASDAQ 100 Index (.NDX.US)$ futures hovered in positive territory.
Market Temperature
Stocks hit records as Fed scales back bond buying
Major U.S. stock indexes hit concurrent records for a fourth consecutive session after the Fed approved plans to start scaling back its bond-buying stimulus program.
Major U.S. stock indexes hit concurrent records for a fourth consecutive session after the Fed approved plans to start scaling back its bond-buying stimulus program.
Options activity tied to Avis, meme stocks explodes
Traders are rushing to place options bets on Avis Budget Group and other meme stocks.
Traders are rushing to place options bets on Avis Budget Group and other meme stocks.
House democrats add paid leave, state-and-local tax deduction to bill
The bill is set to face changes in the Senate, where Sen. Joe Manchin (D., W.Va.) has objected to the inclusion of a paid-leave benefit for parents, the sick and caregivers.
The bill is set to face changes in the Senate, where Sen. Joe Manchin (D., W.Va.) has objected to the inclusion of a paid-leave benefit for parents, the sick and caregivers.
NBA star Kevin Durant launches $200 million SPAC
The Brooklyn Nets player is the latest sports and entertainment figure to back a blank-check company.
The Brooklyn Nets player is the latest sports and entertainment figure to back a blank-check company.
Google to pursue Pentagon cloud-computing contract
$Alphabet-A (GOOGL.US)$ pulled out of the bidding for a similar project three years ago amid employee complaints about doing work for the military.
$Alphabet-A (GOOGL.US)$ pulled out of the bidding for a similar project three years ago amid employee complaints about doing work for the military.
Hertz files for stock offering, applies to return to Nasdaq
The rental-car company $Hertz Global Holdings, Inc. (HTZZ.US)$ said some of its stockholders are selling 37.1 million common shares, as it seeks to start trading again on a major stock exchange.
The rental-car company $Hertz Global Holdings, Inc. (HTZZ.US)$ said some of its stockholders are selling 37.1 million common shares, as it seeks to start trading again on a major stock exchange.
Sneaker maker Allbirds jumps in public market debut
The San Francisco-based company $Allbirds (BIRD.US)$, founded in 2015, makes a range of apparel but is best known for its low-profile shoes, which have gained popularity especially among tech-industry workers.
The San Francisco-based company $Allbirds (BIRD.US)$, founded in 2015, makes a range of apparel but is best known for its low-profile shoes, which have gained popularity especially among tech-industry workers.
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Source: CNBC, Dow Jones Newswires, Bloomberg
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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