[video] Quick Take: Major Stock Gauges on Track to Add 1% for the Week
NEW YORK (TheStreet) -- Friday's trading action is slow, which comes as no surprise during the holiday-shortened week. TheStreet's Jeanne Yurman analyzes the day's biggest headlines.
The broader indices are trading near flat on Friday. Should they go green however, it will mark the seventh consecutive daily close in positive territory. That would be the longest such streak since March, Yurman said.
She added that all three major indices -- the S&P 500, Dow Jones Industrial Average, and the Nasdaq -- are on track to tack on more than 1% this week alone.
Another Detroit automaker is also in the news. General Motors
This report is according to a Chinese regulator and the recall is one of the largest ever in China, she added.
-- Written by Bret Kenwell in Petoskey, Mich.