Stocks Rebound After Inflation Spooks Market; Banks Top Earnings Views

Stock market pulled back Thursday on hotter than expected inflation data, rising yields. But major indexes pared losses into the close.

Banks including JPMorgan, Citi, Wells Fargo beat earnings views Friday. UnitedHealth and BlackRock also topped.

Key levels Nasdaq fell below 50-day line. Dow hit 200-day line resistance. S&P 500 holding above 21-day.

Treasury yields rebounded but pulled back Friday. Crude oil spiked on tighter Russia sanctions.

Earnings season picking up. Have plans ready to take partial profits or cut losses as news hits your holdings.