Here are the most important news items that investors need to start their trading day:
1. March muddle
Stocks were mixed Wednesday as investors chewed over fresh jobs data and new comments from Federal Reserve Chairman Jerome Powell. The latest ADP jobs report showed that private payrolls grew more than expected in February. Powell, meanwhile, told House lawmakers very much the same things he told senators on Tuesday, that the Fed may well have to raise rates faster to cool down the economy. Powell did say, however, it’s still not decided what the Fed will do at its meeting later this month. Several retail names report quarterly earnings after the bell Thursday, including Gap and Ulta. Follow live markets updates.
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