Friday News

Wall Street is trading near record highs, but with a note of caution toward the technology sector, where Broadcom (AVGO.US) shares fell nearly 5% yesterday despite very solid earnings report. S&P 500 futures are trading largely unchanged on Friday, while Nasdaq 100 futures are down 0.5%. Following the earnings release, shares of wholesale retail giant Costco Wholesale are also retreating by nearly 1%. Meanwhile, Lululemon Athletica is posting a gain of more than 10% after a surprisingly strong earnings report.

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