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Holiday Ginger Cookies Recipe

  Ingredients: - 2 1/4 cups all-purpose flour - 2 tsp ground ginger - 1 tsp baking soda - 1 tsp ground cinnamon - 1/2 tsp ground cloves - 1/4 tsp salt - 3/4 cup unsalted butter, softened - 1 cup granulated sugar - 1 large egg - 1 tbsp water - 1/4 cup molasses - 1/4 cup additional granulated sugar for rolling Instructions: 1. Preheat Oven: Preheat your oven to 350°F (175°C). Line baking sheets with parchment paper. 2. Combine Dry Ingredients: In a medium bowl, whisk together the flour, ginger, baking soda, cinnamon, cloves, and salt. 3. Cream Butter and Sugar: In a large bowl, using an electric mixer, beat the butter and 1 cup of sugar until light and fluffy. Add the egg, water, and molasses, and beat until well combined. 4. Mix Ingredients: Gradually add the dry ingredients to the wet ingredients, mixing until just combined. 5. Form Dough Balls: Roll the dough into small balls, about 1 inch in diameter. Roll each ball in the additional granulated sugar to coat. 6. Bake: Place the...
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Stock Market Update: Oil Surge and Fed’s Caution Impact Stocks Ahead of March Jobs Report

 




The stock market faced headwinds today as oil prices soared to their highest level in six months, while a Federal Reserve official’s warning added to investor caution. Here are the key highlights:

  1. Market Retreat:

    • The Dow Jones Industrial Average (DJI) declined by almost 1.4%, shedding 550 points.
    • The S&P 500 (GSPC) dropped 1.2%, marking its worst single-day decline since February 13.
    • The tech-heavy Nasdaq Composite (IXIC) slipped 1.4%.

  2. Fed’s Caution:

    • Minnesota Fed President Neel Kashkari suggested that the Fed may not cut interest rates in 2024 if inflation progress stalls.
    • Investors reacted to this cautious stance, reversing strong midday gains.

  3. Oil Price Surge:

    • Escalating tensions in the Middle East drove oil futures up by more than 1%.
    • West Texas Intermediate (CL=F) settled at $86.59 per barrel, and Brent (BZ=F) closed at $90.65 per barrel, reaching their highest levels since October.

  4. March Jobs Report Anticipation:

    • All eyes are now on the upcoming March jobs report, scheduled for release on Friday morning.
    • Experts expect it to provide insights into the robustness of the US labor market.
    • Initial jobless claims data released today showed a rise to 221,000, the highest level since January.

In summary, the stock market remains sensitive to oil price fluctuations and Fed communications. Investors eagerly await the jobs report, which will influence the Fed’s policy decisions. Stay tuned for further updates! 

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