Google's Pixel event kicks off on Tuesday in New York City. The company is expected to announce three new phones, with one costing upwards of $1,000. Russell Holly, Senior Editor at Android Central and Ajay Kumar, Mobile Analyst at [PCMag](https://www.pcmag.com/news/364286/google-pulls-back-the-curtain-on-pixel-3-and-pixel-3-xl), give their predictions for the future of Google's hardware ecosystem.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.