On Friday investors await fourth-quarter results from a host of major banks before the markets open. Analysts expect Wells Fargo (WFC - Get Report) to post earnings of $1 a share on sales of $22.45 billion. Analysts expect JPMorgan Chase (JPM - Get Report) to report earnings of $1.44 a share on sales of $23.95 billion. Bank of America (BAC - Get Report) is expected to report earnings of 38 cents a share on sales of $20.87 billion. BlackRock (BLK - Get Report) is also out with earnings before the markets open. As for economic data, December retail sales and the December producer price index are released at 8:30 a.m. EST. Then at 1 p.m., the Baker Hughes (BHI) rig count report is unveiled.
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