**__ Diplomatt’s Daily Digest – January 27, 2022__**
Good morning and happy Thursday, everyone! Stock futures fell early Thursday after the Dow Jones Industrial Average and S&P 500 turned lower overnight following a Federal Reserve update by chair Jerome Powell after its two-day meeting. The back-and-forth trading followed Wednesday’s Federal Reserve meeting, in which the central bank held its benchmark rate near zero but strongly indicated that the first hike since late 2018 is coming in March. Chairman Jerome Powell rattled markets with comments that the Fed has „quite a bit of room“ to raise rates before negatively impacting employment. Stocks fell sharply after the comment, and traders in the fed funds futures market are now pricing in five quarter-percentage-point increases this year. While offering some clarity on how the Fed would begin removing policy accommodation, the outcome of the meeting fell short in providing the needed guidance on the timing and magnitude of the shift in policy. Today is a packed morning for earnings, with Mastercard, Deutsche Bank, Blackstone, Southwest Air, and JetBlue are scheduled to report quarterly results before the bell.

**StockTwits Top 10 Trending Tickers of the Day:**
1. SPY
2. AMC
5. BTC
7. QQQ
8. NIO
10. MSFT

Quote of the week: You could leave life right now. Let that determine what you do and say and think.“ – Marcus Aurelius.

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