US stocks end mixed after new batch of earnings reports
"Weakening in retail sales, industrial production, and services as the first quarter progressed has shown that the Fed rate hikes have begun to bite at economic growth. That slower growth coupled with higher costs remaining sticky for most companies has forced a rethinking of the path of corporate profit margins," Reilly added.
In the bond market, yields rose along with UK sovereign yields after British inflation unexpectedly held above 10% as food prices rose in March. rose 7 basis points to a five-week high of 4.26%. soared following reports the housewares retailer is preparing for bankruptcy.
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