Wednesday’s session ended with gains. Stocks stepped up amid a deluge of economic news. Comments from the Beige Book report, which covered progress from mid-February through March, showed economic activity increased in most regions of the country with an upswing in consumer spending thanks to improved weather conditions.
Indices ended in the red on Friday. Stocks traded lower yet again amid the release of a variety of economic data. JPMorgan Chase dipped in the wake of less-than-stellar quarterly results. First-quarter profit hit $5.27 billion, or $1.28 a share, which was down from $6.53 billion, or $1.59 a share, a year ago.