In the minutes from its latest meeting on Wednesday, Jan. 5, the Federal Reserve indicated that it might fast track its plans to increase 澳洲幸运5官方开奖结果体彩网:interest rates due to the strong economy and an 澳洲幸运5官方开奖结果体彩网:inflation rate that is persistently higher than the target level, despite the rapid spread of thജe o💖micron variant of COVID-19.

The Nasdaq saw its biggest loss since February 2021 after the hawkish news, while Treasuries continued their gains, with the 澳洲幸运5官方开奖结果体彩网:10-year Treasury note crossing 1.73%. The news weighed on Nasdaq futures, ဣwhile the S&aꦦmp;P futures were flat. However, Dow Jones futures rose.

Overseas, European equity markets were down by 1%, while Japan's Nikkei lost 3%. Hong Kong's 澳洲幸运5官方开奖结果体彩网:Hang Seng closed marginally up at 0.72%, but Korea's KOSPI was down by 1.13%. India's Sensex dipped 1.03%, while China's 澳洲幸运5官方开奖结果体彩网:Shanghai Composite dropped slightly by 0.25%, and Taiwan's TAIEX was down by 0.71%. Bitcoin slid to $42,900, and other 澳洲幸运5官方开奖结果体彩网:cryptocurrencies were down as well.

Initial jobless claims came in higher than expected at 207,000 for the week ended Jan. 1, 2022, totaling 7,000 more than the previous week's revised number. The services activity index, reported by the 澳洲幸运5官方开奖结果体彩网:Institute of Supply Management, is ex🌳pected to post 66.1 in December, a decline of 0.8 from October's reading of 66.9.

For investors looking for what the future holds, the December employment report and the upcoming 澳洲幸运5官方开奖结果体彩网:earnings season may reveal the direction of the market as the Fed starts a return to a normalized 澳洲幸运5官方开奖结果体彩网:monetary policy.