Comments from Federal Reserve officials often influence market expectations and sentiment. Barkin's remarks suggesting a non-committal stance on interest rate decisions and a lack of concern over inflation may be interpreted by investors as a sign of a potentially dovish approach in the upcoming FOMC meeting. This could lead to a positive market reaction, as investors might expect a less aggressive rate hike policy, which is generally favorable for stock prices. SPY, being a broad market ETF, is likely to reflect this sentiment.