Big Banks Open Q1 Earnings Season

We complete our inflation summary this week with new data out this morning. Import and Export Prices for March help articulate some of the other economic data we’ve seen throughout this week, including that which sent trading markets into a tailspin mid-week. Pre-market futures, paring losses on Q1 results from some of Wall Street’s biggest banks (see below), were sent back southward on today’s Imports and Exports: -220 points on the Dow, -35 on the S&P 500 and -150 for the Nasdaq.Import Prices came in hott ...