On Friday, April 12th, the U.S. stock markets ended sharply lower after lackluster results from key banks, ending a week shaped by inflation data, shifting Federal Reserve policy expectations, and rising geopolitical risks. All major indices fell over 1%, marking weekly declines. In economic data, U.S. export prices rose 0.3% in March after a 0.7% increase the previous month. Import prices climbed 0.4% in March, up from February’s 0.3%. University of Michigan’s consumer sentiment dropped to 77.9 in April from 79.4 in March. Related: Major US Banks Top Q1 Earnings Estimates As High-Interest Rates Offer Tailwinds: ‘Indicators Continue To Be Favorable,’ Jamie Dimon Says Each of the S&P 500’s 11 main sectors ended lower, with the materials sector experiencing the largest percentage decline. The Dow Jones Industrial ...