Powell testifies on Capitol Hill, Haley concedes presidential campaign: Yahoo Finance Live
Federal Reserve Chair Jerome Powell is testifying before the House Financial Services Committee on Capitol Hill this morning. Investors will be closely watching the testimony for any clues surrounding the Fed’s next interest rate decision later this month. The appearance could add to what has already been a seesaw week for stocks. On the campaign trail, Nikki Haley is ending her presidential bid, essentially handing the GOP nomination to former President Donald Trump. Yahoo Finance trending tickers include CrowdStrike (CRWD), SoFi (SOFI), and Nordstrom (JWN).
Key guests include:
9 a.m. ET - Peter Tchir, Academy Securities Head of Macro Strategy
9:45 a.m. ET - Simeon Siegel, BMO Capital Markets Managing Director
10 a.m, ET - Dan Niles, Satori Fund Founder and Senior Portfolio Manager
11 a.m. ET - Vincent Reinhart, Dreyfus and Mellon Chief Economist
