Dow Jones Futures: Market Rally Strong, But Here’s Why You Should Be Cautious

Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. X The stock market rally had solid gains in the holiday-shortened week. The Dow Jones hit a seven-month high. But the S&P 500 index is coming up to its 200-day moving average, a key resistance area. Several economic reports loom … Read more

Dow Jones Hits 7-Month High, Stocks Near Buy Points; Why You Should Be Cautious

Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. X The stock market rally had solid gains in the holiday-shortened week. The Dow Jones hit a seven-month high. But the S&P 500 index is coming up to its 200-day moving average, a key resistance area. Several economic reports … Read more

Jack in the Box draws cautious views from Wall Street after earnings

LindaJoHeilman Jack in the Box (NASDAQ:JACK) was sized up on Wednesday following a FQ4 profit miss and cut in guidance. Wedbush Securities dropped the restaurant stock from its Best Ideas List. On the positive side, the firm said it continues to believe Outperform-rated Jack’s current valuation discounts an overly pessimistic view of management’s ability to … Read more

VVS Laxman directs fear-free batting with a cautious approach to conditions

Ahead of the number one T20I fit towards New Zealand, Indian head instructor VVS Laxman stated that the batters were asked to play fearless cricket even as retaining situations and situations in thought. India kicks off their excursion of New Zealand with the number one T20I in Wellington on Friday. “In T20I cricket, we want … Read more

Saudi Oil Chief Says OPEC+ Will Remain Cautious on Production

Article content Saudi Arabia’s energy minister said OPEC+ will remain cautious on oil production, weeks after the group angered the US by lowering output. Article content The 23-nation alliance, led by Riyadh and Russia, is set to meet on Dec. 4 to decide whether to cut production again, keep it stable or reverse course and … Read more

After election, cautious optimism that few false narratives took hold

On the morning of Election Day, Charlie Kirk, the conservative talk show host from Arizona, shared a video on Twitter about broken voting machines in Maricopa County, followed by a series of posts suggesting that the problems were intentional. “This is manufactured chaos,” he wrote, calling for those responsible to be arrested. The video was … Read more

‘Better, but not good’: investors cautious on sterling after rebound

Sterling is no longer in crisis, but currency traders are reluctant to position for a prolonged rebound as the Bank of England’s commitment to rapid interest rate rises wanes in the face of a looming recession. The pound’s recovery from its September plunge to an all-time low against the US dollar has stalled in the … Read more

UBS profits slide as rich clients turn cautious on turbulent markets

UBS reported a 24 per cent fall in net profit, as its rich clients held back from turbulent markets and investment banking revenues shrank. The world’s biggest wealth manager generated $1.7bn of net profit in the third quarter, ahead of analyst estimates of $1.5bn, on $8.2bn of revenue. “Clients remain concerned about persistently high inflation, … Read more

China’s yuan weakens in cautious mood during Party Congress

Breadcrumb Trail Links PMN Business Author of the article: Article content SHANGHAI — China’s yuan weakened against a strong greenback on Wednesday, despite a steady Financial Post Top Stories Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. By clicking on the sign up button you … Read more

Nick is cautious about betting on Buccaneers despite odds vs. Steelers | What’s Wright

Nick Wright believes the Steelers have been the worst team in the league after coming off a blowout in Week 5’s loss to the Bills. Despite this, Nick explains Week 6’s matchup between the Buccaneers and Steelers feels like a trap. Watch as Nick explains his pick at Tampa as (-8) favorites. 32 MINUTES AGO・What’s … Read more