Investors digest a mixed bag of bank earnings and fresh data on retail sales wrapping up a volatile week for stocks.
The Commerce Department reports retail sales for December. Economists surveyed by Refinitiv anticipate consumer spending to be flat month-over-month, compared with a smaller-than-expected rise of 0.3% in November. Excluding the automotive component, spending is seen rising 0.2% in December, slightly trailing a 0.3% pop the previous month.At the same time, watch for import and export prices for December. Prices of imported goods likely rose 0.3% month-over-month, after jumping 0.7% in November.
Other reports include industrial production data for December and the University of Michigan's preliminary index of consumer sentiment for January.
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