Lucas Jackson/Reuters
- 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.