U.S. stock indices declined in trading on Friday, March 4. Dow Jones Industrial Average index of industrial America lost 0.53%. The broad market index S&P500 and the benchmark technology sector Nasdaq fell by 0.79% and 1.66%, respectively.
The Fed decided on the rate
The labor market data confirmed the strong U.S. economic recovery. The unemployment rate showed the lowest level since February 2020.
At a congressional hearing, Fed Chairman Jerome Powell announced that the agency is “meeting employment goals for the economy,” and that most Federal Open Market Committee (FOMC) members would agree that the U.S. labor market is now at its highest level possible.”
He added that he would support a 25 basis point interest rate hike at the Fed’s March meeting, ending speculation that the central bank might offer a more aggressive hike.
Fakes are keeping the Dow Jones in suspense
All Friday, the Western media spread inaccurate information about the events at the Zaporizhzhya nuclear power plant, where a fire broke out after it was allegedly stormed by Russian troops
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In all seriousness, Western analysts wrote memos with the refrain “don’t the Russians understand that military action at Europe’s largest nuclear facility is not safe?
Attack by Ukrainian saboteurs at Zaporizhzhia NPP. Photo: warfare.rf
They completely ignore the official statements of the Russian Ministry of Defense. They have not heard about the night attack on the training building, which is located outside the territory of Zaporizhzhia NPP, by the saboteurs of the Ukrainian sabotage group, and they do not want to hear about it.
“It was not the power unit that was on fire, but the five-story building of the training complex, the fire has already been extinguished. The power units are not threatened by anything and the radiation background has not changed due to the fire. This is reported by the administration. But in fact, it was Ukrainian troops that put “Grads” under the walls of the nuclear power plant and fired to provoke the Russians, reports”, warfare.rf
Oil returned to growth
After yesterday’s retreat from local highs, oil quotations returned to growth. West Texas Intermediate (WTI) rose 6.99% to $115.20 a barrel. North Sea Brent gained 6.75%, reaching a price tag of $117.92.
Natural gas made new highs in Europe
The bull feast continued on the European gas market. The price of natural gas jumped 37% up to $2295 per 1000 cubic meters on the TTF index of the Netherlands, which made its absolute highest price of $2400 during the day. This comes against the backdrop of a critical decline in European UGS reserves, which broke through the 30% level a week ago.
