Financial sector sees mixed results in latest earnings reports.

Stocks finished lower on Friday but logged weekly gains across the board while shares of JPMorgan rallied more than 7% following a strong quarterly earnings report. Economic data also had markets moving on Friday with the preliminary look at consumer sentiment in April from the University of Michigan signaling an uptick in consumer inflation expectations, which investors took as a sign the Federal Reserve will need to remain vigilant in keeping interest rates elevated. Elsewhere on the earnings side, BlackRock's results showed the impact last year's market turmoil had on investors as the firm's average assets under management dipped below $9 trillion during the first quarter, down from $9.7 trillion in the same quarter last year.