TheStreet's Five Before the Bell: Wall Street Set to Start With a Pullback

Wall Street looks set to kickoff Friday trading with a pullback.
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Wall Street looks set to kickoff Friday trading with a pullback from its recent string of record highs, with modest declines anticipated for both the Dow Jones Industrial Average and the broader S&P 500 after a mixed trading session in Europe.

Early indications from U.S. futures prices suggest a 10-point pullback for the Dow and a 2.3 point slip for the the broader S&P 500, which printed its second-consecutive all-time high Thursday when it closed at 2,415.07 points. Investors are likely to focus on the second reading of first quarter GDP, which could be revised to 0.9% from 0.7%, economists say, and the U.S. Federal Reserve's favored reading on consumer spending, both of which are due at 8:30 EST.

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This article was written by a staff member of TheStreet.