Powell and a Big Market Week, China's Cautious Growth Target, Tesla Cuts Auto Prices ... Again. 3/6/23

Published: March 6, 2023, 3:42 p.m.

b'Carl Quintanilla, David Faber and Mike Santoli discussed events which could move the market this week,\\xa0including Fed Chair Jerome Powell\'s Capitol Hill testimony on the economy beginning Tuesday -- and Friday\'s key February jobs report. In the mix: A report from on the ground in Beijing after China announced a cautious 2023 growth target of around 5%. The anchors also reacted to Tesla\'s latest price cuts in the U.S. involving the Model S and Model X. Also in focus: Goldman Sachs initiates Apple at "Buy\\u201d, M&A news including Altria\'s deal to acquire e-cigarette maker NJOY after exiting its Juul stake, Morgan Stanley\'s note on a "$6 trillion AI internet opportunity."'