US stocks end mixed as investors brace for Powell's testimony to Congress

Tech Insider
Trader at the NYSE
Traders work the floor of the New York Stock Exchange.

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Investors should brace for a sell-off in tech stocks with Fed chair Powell set to deliver a hawkish message to lawmakers, Gene Munster says

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Federal Reserve Chair Jerome Powell
Federal Reserve Board Chairman Jerome Powell.

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Nobel laureate Paul Krugman says he's confused by the current US economy - and predicts the Fed will keep fighting inflation until it's clearly won

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paul krugman
Paul Krugman.

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US stocks edge higher as Treasury yields slip and investors await Powell testimony

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NYSE stock traders

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Long-time Credit Suisse shareholder Harris Associates reportedly sold its entire stake in the embattled bank

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David Herro
David Herro, award-winning fund manager and CIO for international stocks at Harris Associates

Harris Associates

Ken Griffin's Citadel extends winning streak in 2023 after last year's record gains, matching the broader rally in stocks

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Citadel and Citadel Securities founder Ken Griffin speaking to the audience on Saturday night.
Ken Griffin speaking to the audience on Saturday night.

Citadel

Jim Simons' RenTech first bet on Tesla a decade ago - and the fund once held a stake in Elon Musk's automaker worth $12 billion today

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jim simons renaissance
Jim Simons.

AP Images / Jason Decrow

Warren Buffett-backed Chinese EV maker BYD has seen $18 billion in value wiped out amid Tesla's price war

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warren buffett
Warren Buffett-backed BYD has seen an $18 billion wipeout.

REUTERS/Rebecca Cook

Legendary investor Bill Ackman made billions as COVID struck by dusting off a 2008-crisis-era playbook

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Ackman, Bill Ackman

Brian Snyder/Reuters

The new era of investing is here and stocks will no longer be the key player, a top global strategist says

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Happy Saturday, readers. I'm Phil Rosen. 

I'm eager to share today's conversation with a top strategist about changes to the current investing landscape — but first I have a question. 

Who should I speak to next? 

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