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
Read More: Market Temperature (11/4)
Top News
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.
Options activity tied to Avis, meme stocks explodes
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.
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.
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.
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.
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.
Read More
Is Tesla stock too expensive now?
Tesla cancels 0 down payment option in China due to 'surge in orders'
Sneaker brand Allbirds leaps 93% in debut after upsized IPO
Fastly stock rose over 8% as customers who left after recent outage return
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg

It is amazing that currently, the top 5 tech companies, namely MAGAT ( $Microsoft(MSFT.US)$ , $Apple(AAPL.US)$ , $Alphabet-C(GOOG.US)$ , $Amazon(AMZN.US)$ , $Tesla(TSLA.US)$ ) have a total of USD 9.87 trillion market cap, which is close to 40% of the values of 544 tech companies of USD 25.76 trillion market cap.
Do you think that the top 5 winners can reach USD 11 trillion market cap by the end of 2021?