US Stocks Movement | Tesla (TSLA.US) rises nearly 2% as Cybercab trial production accelerates, mass production to start in April
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Morgan Stanley raises Marvell Technology's target price to $300
Morgan Stanley has raised the target price of Marvell Technology Group (MRVL.US) from $268 to $300.
Polish Minister of Energy says the International Energy Agency is not expected to make a decision today on oil and diesel inventory.
Poland’s Energy Minister: The International Energy Agency is not expected to make a decision on oil and diesel inventories today.
The Federal Reserve's September meeting minutes are expected to show widening disagreements among officials regarding the rate path.
The Federal Reserve will release the minutes of its September monetary policy meeting at 2 a.m. on Thursday. According to analyses by foreign media, the minutes are expected to show a wider divergence among officials regarding the future path of interest rates, which could influence the Fed's next policy moves. While the market currently widely anticipates that the Fed will keep rates unchanged in October, the September meeting minutes could reveal the extent of disagreements among Fed officials: some believe that inflation remains strong and persistent, requiring continued policy tightening—for example, Dallas Fed President Logan thinks that at least two more 25-basis-point hikes are needed to control inflation; on the other hand, some officials prefer to remain patient and wait for new data to justify further hikes, such as New York Fed President Williams, who believes there is "no need to rush" when deciding on another rate hike, a view echoed by Fed Vice Chair Jefferson.
Spot silver drops 2.03% intraday, trading at $60.08 per ounce.
Spot silver has dropped by 2.03% intraday to $60.08 per ounce; the main COMEX silver futures contract is now at $60.38 per ounce, down 1.97% intraday.
