"US Futures Slide as Bank Earnings Disappoint Amid Inflation Data"

Stocks edged up as earnings season kicked off, with the Dow Jones Industrial Average gaining 0.2% and the S&P 500 rising 0.4%. Big bank results failed to lift hopes for a robust quarterly earnings season, with JPMorgan Chase, Bank of America, and Wells Fargo posting decent results but failing to settle nerves about potential pain ahead. Oil prices jumped more than 2% after the US and its allies launched airstrikes against Houthi rebels in Yemen, while BlackRock announced its assets under management topped $10 trillion at the end of the fourth quarter. JPMorgan CEO Jamie Dimon warned about "stickier" inflation and higher interest rates, citing unprecedented factors in markets.