Posted 11/7/2023, 10:02:00 AM
Markets Cautious as Investors Weigh Recent Gains Against Fed Policy, WeWork Bankruptcy, UBS Losses, and Slowing China Exports
- Futures slip as investors weigh recent market gains and Fed policy outlook
- WeWork files for bankruptcy due to post-COVID office space downturn
- UBS posts $785M quarterly loss, burdened by costs of absorbing Credit Suisse
- China imports unexpectedly rise but exports slow on overseas headwinds
- Saudi Aramco Q3 profit drops 23% on lower oil prices and volumes