Markets Pull Back from Red-Hot Rally, CBRS Slides After Strong IPO

Markets wanted more from the meeting between President Trump and Chinese president Xi Jinping, says Alex Coffey. He talks about the "warm words" between the global leaders and what it means for Wall Street as it steps down from a stunning tech-led rally over recent weeks. Cerebras (CBRS) entered the market in the midst of the strong upswing but saw weakness ahead of Friday's opening bell.

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