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U.S. stocks tumbled across the board as investors rotated into more defensive areas with Russia, Ukraine's geopolitical unrest.
FOX Business host gives his take on the upcoming jobs report on "Making Money."
WATCH: The latest developments between Russia, Ukraine...
Former Gulf Oil CEO Joe Petrowski says the Chinese are building oil stocks, while the U.S. is reducing them, a move that he warns happens before a military operation.
SlateStone Wealth chief market strategist Kenny Polcari weighs in on Jerome Powell’s testimony and the inflation crisis.
Mr. Powell is currently answering questions before the Senate Banking Committee
JOBLESS CLAIMS: 215,000 VS. 233,000 [LAST WEEK]
In more good news for the labor market, U.S. jobless claims totaled 215,000, below the 225,000 estimate and less than the prior week in a sign more workers are coming off the sidelines.
This follows ADP's better-than-expected report which showed employers added 475,000 jobs in February.
The big report of the month comes on Friday when the government releases the February jobs report. The U.S. economy is estimated to have added 400,000 new nonfarm jobs.
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