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Hey, mooers! Here are things you need to know before the opening bell:
Market Snapshot
Stock futures were higher in early morning trading Wednesday ahead of a key U.S. inflation report.
Futures on the $Dow Jones Industrial Average (.DJI.US)$ rose 1.00%, while $S&P 500 Index (.SPX.US)$ futures gained 1.20% and $Nasdaq Composite Index (.IXIC.US)$ futures were up 1.38%.
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Justin Bieber is the latest pop star to announce a concert in the metaverse, partnering with virtual entertainment company Wave, amid a boom in interactive virtual concert popularity that began with Epic Games' "Fortnite."
According to Wave's website, Bieber will be performing as an "avatar" in his "own virtual universe," and fans will be able to "interact directly" with the star during the concert using virtual emotes, which are pictographs the artist can see.
The interactivity of Wave's virtual concerts shares a similarity to Epic Games' "Fortnite" shows, but the concert will be performed live, and will be streamed on Wave's website and YouTube on November 18.
Mooers, would you like to join Justin Bieber's virtual concert?
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