**__ Diplomatt’s Daily Digest – March 31, 2022__**
Good morning and happy Thursday, everyone! Stock futures were little changed in early morning trading Thursday as traders wrap up a month and quarter. Oil prices fell sharply, with West Texas Intermediate futures dropping 5% to $102.18 per barrel. That comes as President Joe Biden’s administration considers a plan to release 1 million barrels of oil per day from the strategic petroleum reserve for about six months. Those moves come as traders grapple with the Federal Reserve’s plans to tighten monetary policy this year to fight a spike in U.S. inflation while the Ukraine-Russia war rages on. Investors are awaiting weekly jobless claims and income and spending data releasing today.

Quote of the week: „Learn as if you will live forever, live like you will die tomorrow.“ — Mahatma Gandhi

**General News:**
• Russian forces are continuing to hold their positions and carry out shelling strikes around Kyiv, according to British intelligence, despite promises from Moscow this week to scale back its military activity near the Ukrainian capital.
• The head of the U.K.’s intelligence and security agency said in a speech Thursday that Russian President Vladimir Putin has „massively misjudged“ the situation in Ukraine and that the Russian leader’s advisors were afraid to tell him the truth about what was happening on the ground.
• The U.S. included 100 killer drones in a colossal weapons package for Ukraine that President Biden approved earlier this month.
•More than 2,300 ballots were cast in a closely watched union election at one of Amazon’s Alabama warehouses, according to the Retail, Wholesale, and Department Store union.
• Massive reports are coming out that Facebook’s parent company, Meta, has paid Targeted Victory, one of the biggest Republican consulting firms, to misalign the public against Tiktok. Essentially trying to turn the public against Tiktok and move them towards Meta.
• Walgreens topped analysts‘ expectations for fiscal second-quarter earnings after the omicron variant intensified demand for Covid booster shots and tests during the winter months.
• Oil prices dropped sharply after reports that U.S. President Biden is considering the release of up to 180 million barrels from the country’s strategic petroleum reserve.

**StockTwits Top 10 Trending Tickers of the Day:**
2. AMC
3. SPY
10. NILE

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