stock futures are trending lower on Friday as traders are gearing up for the first-quarter earnings reports of major banks.
On Friday, all eyes will be on the earnings of big banks – JPMorgan Chase .
As per a Bloomberg report, analysts estimate that deposits at JPMorgan Chase, Wells Fargo, and Bank of America fell by $521 billion compared to a year ago, marking the biggest decline in a decade.
retail sales, import price index, industrial production, and consumer sentiment are some of the key reports lined up for Friday.