News Snapshot:
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. Equities fall Buy Wells Fargo Watch Estee Lauder 1. Equities fall on profit taking Stocks edged lower in midmorning trading Friday but remained on track for weekly gains after a stellar rally Thursday. The S & P 500 and Nasdaq Composite were down 0.47% and 0.77%, respectively. Jim Cramer called Friday's declines "classic profit taking after a real day yesterday." Meanwhile, first-quarter earnings season kicked off, with a slate of big banks reporting solid results...
