Stocks fall on Wall Street, head for another weekly loss
The S&P 500 fell 0.5%, the Dow Jones Industrial Average fell 0.9% and the Nasdaq fell 0.1%.
Banks were the biggest weight on the market. JPMorgan Chase fell after reporting that its profits fell 14% in the latest quarter from a year earlier.
Traders were also disappointed to see that retail sales sank 1.9% in December after Americans cut their spending in the face of product shortages, rising prices and the onset of the omicron variant.