NYSE Trader
  • US stocks moved lower on Friday as investors weighed solid bank earnings against weak retail sales data.
  • JPMorgan, Wells Fargo, and Citigroup all posted better-than-feared earnings that indicated a resilient economy.
  • But retail sales dropped 1% in March as consumers scaled back big-ticket purchases. 

US stocks fell on Friday as investors sifted through the first wave of first-quarter earnings from the largest US banks and digested new economic data.