wall street stocks finished lower on friday as disappointing us retail sales data offset a lift from betterthanexpected bank earnings retail sales fell by a surprisingly big one percent in march extending a downward trend that signals cooling in the economy but that downcast reading was countered by surprisingly good earnings from jpmorgan chase and other large banks that cheered investors nervous about the sector the dow jones industrial average ended down 04 percent at 3388647 the broadbased sp 500 declined 02 percent to 413764 while the techrich nasdaq composite index shed 04 percent to 1212347 oandas edward moya attributed fridays losses partly to expectations that the federal reserve still looks likely to lift interest rates at least one more time following fresh hawkish comments from policymakers wall street got scared after strong results from jpmorgan surging inflation expectations and some hawkish fed speak moya said pointing to fears that the fed could raise rates not just in may but in june jpmorgan chase surged more than seven percent following a blowout earnings report while citi jumped 48 percent pnc financial services added 04 percent after its earnings announcement while wells fargo was flat meanwhile boeing slumped 56 percent after disclosing a problem with a supplier part on the 737 max that is expected to slow deliveries of new jets the supplier spirit aerosystems plunged 207 percent