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wallstreet2-103112_17Nov17.jpg After moving lower early in the session, stocks continue to see modest weakness in mid-day trading on Friday. Selling pressure has remained relatively subdued, however, limiting the downside for the major averages.

US-Military-Gen-Dunford-111717.jpg The Chairman of the Joint Chiefs of Staff (CJCS) has warned that the United States' military advantage against near-peer competitors Russia and China is eroding, and it is no longer as decisive as it was some years ago. General Joseph Dunford sounded the alert while speaking at the Tufts University's...

wallstreet-121514_17Nov17.jpg Stocks are seeing modest weakness in morning trading on Friday following the strong upward move seen in the previous session. The tech-heavy Nasdaq is pulling back off the record closing high set on Thursday.

GM-Recall-111717.jpg General Motors Co. is recalling nearly 49,000 trucks worldwide to fix a fuel tank issue that can increase the risk of a fire. The recall covers Chevrolet Silverado 3500 and GMC Sierra 3500 trucks from the 2011 through 2015 model years, all equipped with dual fuel tanks.

meredith-time-koch-111617.jpg Meredith Corp. is reportedly in talks for the acquisition of Time Inc, with a staunch support from billionaire brothers Charles and David Koch. Des Moines-based Meredith is the publisher of Family Circle and Better Homes and Gardens and aims to acquire the publisher of Time, People and Fortune Magazines.

HealthIQ-111517.jpg Health IQ Insurance Services, a startup focused on providing life insurance for health-conscious individuals, said it has secured $34.6 million in Series C funding, led by Andreessen Horowitz. To date, the company has raised a total of $81 million in funding mostly from its existing investors.

OrrinHatch-111717.jpg Republican members of the Senate Finance Committee voted Thursday to approve their version of tax reform legislation. The committee voted 14 to 12 in favor of the $1.5 trillion tax reform bill, with the vote coming down strictly along party lines. The Senate version of the tax reform bill includes...

terror-threat-Europe-111717.jpg The United States has warned that there is a "heightened risk" of terrorist attacks throughout Europe, particularly during the upcoming Christmas and New Year holiday season. This was announced by the Department of State in a travel alert issued on Thursday. In the Travel Alert, which is valid up...

HousingStarts-111717.jpg New residential construction in the U.S. jumped by much more than expected in the month of October, according to a report released by the Commerce Department on Friday. The report said housing starts spiked by 13.7 percent to an annual rate of 1.290 million in October from a revised 1.135 million...

wallstreet-112414_17Nov17.jpg Following the strong upward move seen in the previous session, stocks may show a lack of direction in early trading on Friday. The major index futures are currently pointing to a mixed open for the markets, with the Dow futures down by 45 points and the Nasdaq futures up by 3 points.

Draghi-ECB-111717.jpg Eurozone's robust economic recovery is still supported by the massive monetary stimulus that would help inflation to return to target, European Central Bank President Mario Draghi said Friday.

AbercrombieFitch-111717.jpg Apparel retailer Abercrombie & Fitch Co. on Friday reported a 28 percent increase in profit for the third quarter from last year on higher sales. Both revenue and adjusted earnings per share for the quarter beat analysts' estimates. The company's shares are gaining more than 20 percent in pre-market activity.

SenatorFranken-leeanntweeden-111717.jpg Senator Al Franken has apologized over a sexual misconduct allegation by radio host Leeann Tweeden, and said he is ready to face a Senate Ethics Committee probe. Tweeden, who works as a news anchor in KABC in Los Angeles for a morning radio show, narrated Thursday on its website two incidents purportedly...

wallstreet-111717.jpg Housing Starts Report and E-Retail sales reports are the major announcements on Friday. The early signs from the Futures market suggest that Wall Street might open broadly lower. Asian shares closed broadly higher, while European shares are trading mixed.

Pharmacompanies-111717.jpg If the timeline is adhered to, this clinical-stage company, focused on developing drugs for disorders concerned especially with the ear, nose, and throat, has an important catalyst coming up this quarter.

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