Director / Editor: Victor Teboul, Ph.D.

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Markets Step Back after Three-Day Rally

U.S. indices traded lower Friday, aligning with foreign markets as investors took a step back following a three-day rally. Apple put pressure on the Dow Jones industrial average with a research report that said iPhone 7 unit sales were down 25 percent year over year versus the 6s model. Meanwhile, Facebook shares got hit for a miscalculation in video metrics. Crude oil also weighed on markets because of supply glut concerns. OPEC will hold an informal meeting of member countries...

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