Fed Chair Powell testifies on Capitol Hill as S&P 500 and Nasdaq hit record highs: Yahoo Finance

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The Nasdaq Composite (^IXIC) and the S&P 500 (^GSPC) are coming off major gains after both indexes hit record highs in Monday’s trading session. The S&P 500 is on its longest winning streak in five months as Federal Reserve Chair Jerome Powell testifies before lawmakers on US monetary policy. Meanwhile, President Biden heads to the NATO summit to discuss foreign policy as his age and mental fitness remain under scrutiny. Wall Street has its eye on Tesla (TSLA) as the EV maker notched a 9-day winning streak Monday, erasing its year-to-date losses. Yahoo Finance trending tickers include Intel (INTC), Corning (GLW), and Lucid Group (LCID).

Key guests include:
9:00 a.m. ET - Liz Ann Sonders, Charles Schwab Chief Investment Strategist
9:45 a.m. ET - Seth Goldstein, Morningstar Equity Strategist
10:00 a.m. ET - Jim Townsend, former deputy assistant secretary of defense for European and NATO policy
10:45 a.m. ET - Ben Laidler, Bradesco BBI Head of Equity Strategy
11:20 a.m. ET - Brian Kelly, The Points Guy Founder

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