Ford said Monday it will lower the price of the Mach-E, which is comparable to Tesla's Model Y, by an average of about $4,500, depending on the model.

MORNING SQUAWK APAC Monday January 30 2023 AS OF TUE, JAN 31, 2023 • 09:03 ET S&P 500 Close 4,017.77 -1.30% -52.79 S&P 500 Futures 4,041.25 +0.22% +8.75 10-Year Treasury 3.538% 0.00% -0.013 Ford cuts prices on electric Mustang Mach-E, following Tesla's lead Ford said Monday it will lower the price of the Mach-E, which is comparable to Tesla's Model Y, by an average of about $4,500, depending on the model.    More » Apple's expected to post its first revenue decline since 2019 on Thursday  Apple's expected to post its first revenue decline since 2019 on Thursday  More » Everyone's watching Meta's earnings report for a hint at how online ads are doing Meta, Apple, Google, Amazon and Snap are slated to report earnings this week as an economic slowdown and Apple privacy changes weigh on prospects. More » Stocks close lower, Dow sheds more than 250 points to snap six-day win streak Earnings reports from Big Tech giants including Apple and a possible Fed rate hike will test Wall Street's January rally.  More » Can Chinese stocks rally further? One investment bank thinks so — and names its top stock picks China's benchmark index came within striking distance of a bull market on Monday. How much further can it go? More » TODAY'S GUEST HIGHLIGHTS ON CNBC All times in SIN/HK 08:00 Joyce Chang Chair of Global Research, J.P. Morgan Global Economy 10:40 Pierre-Olivier Gourinchas Chief Economist, IMF IMF World Economic Outlook 13:00 Max Kettner Chief Multi-Asset Strategist, HSBC Global Markets Unsubscribe Digital Products Manage Newsletters Feedback Terms of Service Privacy Policy Join the CNBC Panel © 2023 CNBC LLC. All rights reserved. A property of NBCUniversal.   900 Sylvan Avenue, Englewood Cliffs, NJ 07632   Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis.   Data also provided by THOMSON REUTERS