Nuclear Worries and The Markets: Russia-Ukraine Conflict Overshadows Upbeat February Jobs Report

Carl Quintanilla, Jim Cramer and David Faber focused on Russia-Ukraine tensions roiling the markets: Russian forces have taken control of Europe's largest nuclear power plant located in southeastern Ukraine, after shelling the plant and starting a fire which Ukrainian authorities said has been safely extinguished. The anchors highlighted the impact the conflict and sanctions against Russia have had on both U.S. and European Banks, as well the biggest weekly surge in crude oil prices since 2020. Geopolitical risks have overshadowed a much better-than-expected February jobs report, which showed non-farm payrolls up 678,000 for the month. Also in focus: Broadcom as a bright spot on a rough day for chip stocks, Gap gets a boost from earnings, and a "Faber Report" on how the White House's antitrust strategy could impact potential M&A deals. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.