“Tech Sell-Off Looms: Powell’s Testimony and Market Predictions Heighten Wall Street Tension”

The stock market is eagerly awaiting Federal Reserve Chair Jerome Powell’s comments, which could have significant consequences for tech stocks. According to Deepwater’s Munster, Powell’s testimony could lay the groundwork for a sell-off in the tech sector. However, stock futures are currently inching higher as investors remain optimistic.

In addition to Powell’s comments, investors are also keeping an eye on other market indicators. The Wall Street Journal provides a summary of what to know about the stock market this week, highlighting potential trends and risks to watch out for.

Meanwhile, Monster Stock Market Commentary offers its predictions for the week of March 6, 2023, outlining some of the key factors that could impact market performance.

Amidst all of this activity, Powell is set to head to Capitol Hill to testify before Congress. CNBC reports that he will be facing a challenging set of questions, with many lawmakers eager to hear his thoughts on a range of issues impacting the economy and financial markets.

Overall, it promises to be an eventful week for investors and market watchers alike, with a wealth of information and indicators to keep an eye on. So, investors are advised to stay vigilant and keep a close eye on the news as it unfolds.