*U.S. STOCKS END LOWER ON FRIDAY AS SURGING RATE HIKE BETS OVERSHADOW UPBEAT BANK EARNINGS $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
) & Co beat earnings expectations, benefiting from rising interest rates and easing fears of stress in the banking system.
"Industrial production and capacity utilization came in stronger than expected," Bruno added."Both point to an economy that still has some vibrancy, which gives Fed cover to continue its rate hike policy in May possibly into June."
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