Investors digest another batch of bank earnings, along with a slightly stronger-than-expected retail sales report.
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U.S. equities were up sharply Friday afternoon, with the S&P 500 index on pace to snap a five-day losing streak, on stronger-than-expected retail sales data and a moderation in inflation expectations. A mixed batch of bank earnings helped propel financial stocks higher, but all three major stock indexes remain on track for weekly losses.
How are stocks trading?
On Thursday stocks ended down, but off session lows. The Dow is heading for a small weekly loss of 0.3%, while the S&P 500 is on track to decline 1.1% and the…
