S&P 500 Posts Minor Friday Pullback After Record High, Logs Third Straight Weekly Gain
S&P 500 retreats from all-time high on Friday after reaching a historic peak on Thursday, posting a minor 0.2% pullback
Key points
- S&P 500 dips 0.2% from record high Friday but logs third straight weekly gain
- Dow falls 107.57 points to 53,732; institutional profit-taking, not trend reversal
- Fed rate signals next week are the key catalyst for S&P 500 direction
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