By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- U.S. stock futures were muted in morning trading Wednesday as investors awaited a decision from the Federal Reserve on its move to start withdrawing the support it has been providing.
- The social-media platform Meta said it would delete data related to the faces of more than one billion people, scrapping a feature that raised concerns among privacy advocates and regulators.
Market Snapshot
U.S. stock futures were muted in morning trading Wednesday as investors awaited a decision from the Federal Reserve on its move to start withdrawing the support it has been providing.
$Dow Jones Industrial Average(.DJI.US)$ futures dipped 15 points. $S&P 500 Index(.SPX.US)$ futures traded in mildly negative territory, while $NASDAQ 100 Index(.NDX.US)$ futures gained 16.5 points.
Market Temperature
Read More: Market Temperature (11/3)
Top News
Dow closes above 36000 for first time
The market's autumn rally continued Tuesday, with major U.S. stock indexes notching another trio of records. $Dow Jones Industrial Average(.DJI.US)$
SEC chairman says crypto market won't mature without oversight
Securities and Exchange Commission Chairman Gary Gensler said the regulator will be "very active" in bringing the digital currency market under its investor protection framework, as the Biden administration increases scrutiny of cryptocurrencies.
Leaders agree to end deforestation by 2030
World leaders at the COP26 summit, including the U.S., China and Brazil, agreed to a deal aimed at ending and then reversing deforestation by 2030, committing nearly $20 billion of public and private funds to protect and restore forests.
Powell's dashboard casts doubt on inflation easing quickly
The Federal Reserve chairman used the bulk of a widely anticipated speech in late August to explain why he was still confident that this year's inflation surge would prove temporary. His remarks haven't aged well.
Pfizer raises vaccine forecast as sales more than double
The company increased its forecast for sales of the vaccine this year to about $36 billion, a roughly 7% boost from previous guidance. $Pfizer(PFE.US)$
Facebook to end facial recognition in photos and videos
The social-media platform said it would delete data related to the faces of more than one billion people, scrapping a feature that raised concerns among privacy advocates and regulators. $Meta Platforms(FB.US)$
Avis stock surges on strong quarterly results
The rental-car company's stock rose sharply in Tuesday, trading as high as $545 a share, after $Avis Budget(CAR.US)$ delivered robust third-quarter profit.
Read More
Shares of Avis doubled on Tuesday as huge earnings beat sends hedge fund shorts running
Apple, other big companies take part in new Biden effort with promises on clean energy
Bed Bath & Beyond shares surge more than 60% in pre-market trading
Opinion: 7 stocks to buy that could benefit from the roaring Tesla rally
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg

$SINGAPORE AIRLINES UNSP ADR EACH REPR 2 ORD(SINGY.US)$ is this good?

The fear and greed index was developed by CNNMoney to measure two of the primary emotions that influence how much investors are willing to pay for stocks.
The fear and greed index is measured on a daily, weekly, monthly, and yearly basis. In theory, the index can be used to gauge whether the stock market is fairly priced. This is based on the logic that excessive fear tends to drive down share prices, and too much greed tends to have the opposite effect.
Be fearful when others are greedy. Be greedy when others are fearful.
---Warren Buffett
Fear & Greed Index
What emotion is driving the market?
Market Volatility: Neutral
The CBOE Volatility Index (VIX) is at 17.75. This is a neutral reading and indicates that market risks appear low. Last changed Sep 21 from an Extreme Fear rating.
Safe Haven Demand: Fear
Stocks and bonds have provided similar returns during the last 20 trading days. However, this has been among the weakest periods for stocks relative to bonds in the past two years and indicates investors are fleeing risky stocks for the safety of bonds. Last changed Sep 23 from an Extreme Fear rating.
Put and Call Options: Extreme Fear
During the last five trading days, volume in put options has lagged volume in call options by 49.89% as investors make bullish bets in their portfolios, indicating extreme fear on the part of investors. Last changed Sep 15 from a Fear rating.
$SPDR S&P 500 ETF(SPY.US)$ $Dow Jones Industrial Average(.DJI.US)$ $NASDAQ 100 Index(.NDX.US)$