By Julianna
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures climbed in early morning trading Tuesday following a broad Monday sell-off amid fears about the fast-spreading Covid omicron variant.
- $Micron Technology(MU.US)$ shares surged in the extended session Monday after the memory-chip maker forecast an outlook and reported earnings that topped Wall Street estimates.
Market Snapshot
Stock futures climbed in early morning trading Tuesday following a broad Monday sell-off amid fears about the fast-spreading Covid omicron variant.
Futures on the $Dow Jones Industrial Average(.DJI.US)$ gained 214 points, $S&P 500 Index(.SPX.US)$ futures rose 30 points and $Nasdaq Composite Index(.IXIC.US)$ futures added 133.5 pionts.
Market Temperature
Read more: Market Temperature (12/21)
Top News
Stock futures stabilize amid Omicron uncertainty
U.S. stock futures inched higher, suggesting Wall Street indexes would stage a partial rebound after Omicron fears dragged crude and share prices lower.
U.S. sets 55-mile-a-gallon fuel-efficiency standard for 2026 models
The Biden administration raised fuel-efficiency standards for passenger cars and light-duty trucks, saying the new standards will reduce pollution and save consumers billions of dollars at the gas pump.
Turkey's borrowing costs soar as crisis enters new phase
The lira's dizzying fall is amplifying concerns among investors and economists that Turkey's heavily dollarized financial system could be headed for a banking crisis. The currency has lost more than half its value this year, wiping out much of Turks' savings and triggering sporadic protests.
U.S. leading economic indicators jump in November - signaling growth momentum will continue into next year
The U.S. leading economic index rose a sharp 1.1% in November, the Conference Board said Monday.
Nike's supply crunch stunts growth again
The sneaker giant $Nike(NKE.US)$'s quarterly revenue edged higher but declined in China, Asia Pacific and Latin America as factory closures cut into inventory.
P&G recalls somePantene, Aussie, Herbal Essences dry shampoos
$Procter & Gamble(PG.US)$ The voluntary recall, linked to benzene detected in aerosol propellant, also affects dry conditioners.
Micron stock rallies as strong data-center sales drive outlook, earnings
$Micron Technology(MU.US)$ shares surged in the extended session Monday after the memory-chip maker forecast an outlook and reported earnings that topped Wall Street estimates as data-center sales proved to the company's strongest growth sector.
Oracle's Larry Ellisontargets health cloud with $28.3 billion bid for cerner
The U.S. software company $Oracle(ORCL.US)$ calls Cerner an "anchor asset" for its healthcare ambitions.
Moderna says Covid-19 booster dose works against Omicron in lab tests
A booster dose of $Moderna(MRNA.US)$'s Covid-19 vaccine showed signs of working well against the Omicron variant, with the latest lab results suggesting people who are boosted may have good protection against the strain.
Novavax's Covid-19 vaccine approved by EU
$Novavax(NVAX.US)$'s vaccine has been recommended for use by the European Medicines Agency, marking the first endorsement by a major regulator of a shot that uses an established vaccine technology.
Read More
Trader sent $30 billion into the dip and this time got bruised
EV stocks tumble after Manchin rejects Biden's climate and social plan
ETF industry booms as 445 debut in 2021
Weekly Retail Trading Trends | AAPL, NVDA, and TSLA had the most fund inflow
Elon Musk: Web3 seems more like a 'marketing buzzword' than a reality
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg

The financial story of 2021 may be the 445 exchange trade funds that debuted this year as the U.S. ETF industry ballooned to $7 trillion.
The business has never known times like these. A corner of Wall Street already enjoying a reputation for explosive growth has gone supernova, with a record 445 new products in 2021 so far.
--- according to Bloomberg
Behind the rapid expansion is a deluge of new cash as investors chase an economic recovery from the coronavirus, while equity mutual funds fall out of favor. About $900 billion has flowed into the ETF market since the start of the year -- also easily a record. Barely any funds are getting shuttered.
There's a lot of money being transferred from a generational standpoint. The stars are aligning right now for the ETF industry to a) evolve very quickly and b) take in flows.”
--- said Keith Buchanan, portfolio manager at Globalt Investments
All that means the number of ETFs Americans can choose from has jumped 19% since the end of 2020. About a quarter of all trading ETFs are less than two-years old, according to Bloomberg Intelligence -- another sign of industry boom times.
Active ETF is growing
The details of the launches tell a deeper story: From the 445 new arrivals, 75 target fixed income. For the first time, new actively managed ETFs outnumber their passive counterparts with 298 debuts versus 147.
The letters ETF used to spell passive to most investors. Now more and more advisors are realizing that ETFs are no longer just about gaining passive exposure and that active ETFs, particularly within fixed income, make sense because they can gain exposure to experienced bond managers.”
--- said Allison Bonds, head of private wealth management at State Street Global Advisors
At the same time, launches of low-cost, broad equity-index trackers are dwindling. Traditional core or "beta vehicles" made up only 8% of total equity ETF launches from the start of.
--- according to Bloomberg Intelligence
Partly, that's because such core strategies are well represented by big, established and very cheap funds from the major issuers. The popularity of the likes of the $SPDR S&P 500 ETF(SPY.US)$ and the $Vanguard S&P 500 ETF(VOO.US)$ mean they still claim the lion's share of new cash.
Thematic ETF become popular
Thematic ETF target trends like automation or electric vehiclesrather than traditional industry segments. They've proved hugely popular with the retail-investing crowd, which has been a growing force in markets since the pandemic hit. The high-profile success of Cathie Wood's Ark Investment Management $ARK Innovation ETF(ARKK.US)$ $ARK Autonomous Technology & Robotics ETF(ARKQ.US)$ has also helped fuel a wave of copycats $ProShares Bitcoin Strategy ETF(BITO.US)$ $Valkyrie Bitcoin and Ether Strategy ETF(BTF.US)$.
Complex Categories
Aligned with this specialization, funds have been getting more complex. Over 30 ESG ETFs have launched in the U.S. this year. There have been 56 new ETFs this year investing in derivatives to amplify bets, make them inverse or deliver protection. A major driver of this has been the development of defined-outcome ETFs, also know as buffers. They seek to provide capped exposure to gains in exchange for limiting losses.
Source: TheStreet, Bloomberg

$Bitcoin(BTC.CC)$ $Ethereum(ETH.CC)$ $Dogecoin(DOGE.CC)$ $Binance Coin(BNB.CC)$ Cryptocurrencies were peerless conduits of greed and fear in 2021, alternately minting and wiping out fortunes as they swung wildly while adding some $1.5 trillion in overall market value along the way.
Bitcoin, up more than 60% this year, absorbed much of the attention but had to share more of the limelight with the likes of Ether and Binance Coin as well as meme tokens such as Dogecoin and Shiba Inu.
In fact, Bitcoin’s share of the crypto market shrank dramatically over 2021 as other tokens rocketed, a sign of how investor interest in digital assets broadened out despite — or perhaps because of — enormous volatility.
The decline in Bitcoin’s dominance will likely continue next year “given the explosion of assets in the crypto space and the various use cases,” said Vijay Ayyar, head of Asia Pacific with crypto exchange Luno in Singapore.
The overall market value of cryptocurrencies climbed by about $1.5 trillion in 2021 to some $2.3 trillion as of Dec. 17, according to tracker CoinGecko, which counts almost 12,000 tokens.
Bitcoin, the world’s largest cryptocurrency, began the year with a 70% share of the market. That has fallen to less than 40%, in part as Ether’s popularity increased. But money has flowed into other tokens too, and for some that trend could be a sign of potentially destabilizing speculative froth.

$Ethereum(ETH.CC)$ I think as long asEnough positions,It's hard to break out，Enough money to earnSmall gains. Can't be greedy