Before the Bell | Sneaker maker Allbirds jumps in public market debut

Moomoo Breakfast US wrote a column · Nov 4, 2021 05:49

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.

Source: Bloomberg

Market Temperature

Before the Bell | Sneaker maker Allbirds jumps in public market debut

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Sneaker maker Allbirds jumps in public market debut
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