The US indices recorded mixed results when they closed the trading session yesterday, Wednesday, March 8, after a strong loss that exceeded 1.5% on Tuesday, as the S&P 500 and the Nasdaq indices recorded gains, while the Dow Jones index declined amid the markets’ anticipation of the US labor market numbers for February, tomorrow, Friday.

And Jerome Powell, President of the US Federal Reserve, completed his testimony before the House of Representatives yesterday, Wednesday, as he did not come up with anything new compared to his first testimony Tuesday before the Senate, and he reiterated his tightening tone of monetary policy and that the Fed needs to go further than what was expected to fight inflation, but he indicated that the Fed did not take a decision until Now regarding the March meeting, whether it was 25 or 50 basis points, but the hike will depend on the upcoming data, which gives the employment numbers tomorrow, Friday, and the inflation numbers next week, great importance.

In terms of economic data, the US private sector added about 242,000 jobs in February, according to figures issued by the ADP, after adding about 119,000 jobs in January’s revised reading.

On the other hand, Labor Department figures showed that job opportunities in the United States declined to 10.8 million in January from 11.2 million in December.

Occidental Petroleum, the shale oil giant, rose more than 2% on Wednesday after reports indicated that Berkshire Hathaway, owned by billionaire Warren Buffet, had bought nearly six million shares of the oil company in recent days, raising his stake in the company to 200.2 million shares, valued at $12.2 million. Billion dollar .

Electric car company Tesla shares lost more than 3% when closing at $182 levels, after Berenberg analyst Adrian Janushek lowered his recommendation for the stock to hold it instead of buying it.

Shares of software company CrowdStrike rose 3% after the company reported revenues of $637.4 million in the fourth quarter of last year.

The Dow Jones Industrial Average (Dow) closed down by about (58 points) when closing at 32,798 levels, with a loss of about 0.18%, while the S&P500 index recorded increases of about 0.14% when closing at 3,992 levels, while the NASDAQ index recorded gains of 0.40. % when closing at 11.576 levels.