Stock Indexes Fall As Traders Take Profits

Stocks are pulling back today as investors take profits at record highs.

S&P 500 futures are down by more than 0.3 percent, while European indexes are falling by 0.5 percent to 1.3 percent. Most Asian bourses also fell overnight.

The selling occurs after the S&P 500 closed above its previous all-time highs from 2007 on Wednesday and Thursday. It also precedes key retail data at 8:30 a.m. ET, and a busy week of corporate earnings next week. JP Morgan had mixed results in today’s big report.

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