Fed Speakers, State Street Results: What to Watch Friday

Earnings: M&T Bank, PNC Financial Services, State Street

Economic data: Industrial production and capacity utilization

Fed speakers: Vice Chair Michelle Bowman is scheduled to speak on the economic outlook and monetary policy at 11 a.m., followed by Vice Chair Philip Jefferson at 3:30 p.m.

Geopolitics: Canadian Prime Minister Mark Carney is in China until Saturday, part of a bid to reduce Canada’s reliance on the U.S. for trade.