Airbnb rises on upbeat quarterly results
DaVita falls after Q4 results; Berkshire Hathaway cuts stake
January retail sales at -0.9% MoM vs -0.1% estimate
Updates with market close
By Noel Randewich and Sukriti Gupta
Feb 14 (Reuters) - Wall Street stocks ended mixed on Friday, with Nvidia NVDA.O climbing and Tesla TSLA.O dipping, while Treasury yields declined a day after U.S. President Donald Trump unveiled reciprocal tariff plans but stopped short of imposing new ones.
Yields across government bonds slipped for a second straight day after data showed U.S. retail sales fell more than expected in January, dropping 0.9% last month after an upwardly revised 0.7% increase in December.
The yield on the 10-year note US10YT=RR fell about 7 basis points, last at 4.44%.
Nvidia and Apple AAPL.O gained, while Microsoft MSFT.O and Tesla lost ground.
Trump tasked his economics team on Thursday to devise plans for reciprocal tariffs on every country taxing U.S. imports, although the directive stopped short of imposing fresh tariffs.
Howard Lutnick, Trump's pick for commerce secretary, said the administration would address affected countries individually and said studies of the issue would be completed by April 1.
The imposition of tariffs on steel and aluminum imports, a bigger-than-expected rise in January's consumer prices and hawkish comments from Federal Reserve Chair Jerome Powell added to market volatility this week.
"It's all about Trump right now. All the other stuff is just noise," said Dennis Dick, a trader at Triple D Trading in Ontario, Canada. "What everyone is focused on is, 'What is Trump going to do next, and where are his tariff wars going?'"
Stocks received a boost earlier this week after data showed U.S. producer prices increased in January, while key elements in the core Personal Consumption Expenditures index, a measure closely tracked by the Fed, were benign or lower.
Traders are pricing in at least one 25 basis-point interest rate cut by the end of the year, with a roughly 50% chance of an additional cut, according to LSEG data.
According to preliminary data, the S&P 500 .SPX lost 1.33 points, or 0.02%, to end at 6,113.74 points, while the Nasdaq Composite .IXIC gained 78.81 points, or 0.40%, to 20,024.45. The Dow Jones Industrial Average .DJI fell 173.04 points, or 0.39%, to 44,538.39.
Airbnb ABNB.O jumped after the vacation home rentals company posted higher quarterly revenue.
DaVita DVA.N dropped after the dialysis firm projected annual profit below estimates. Warren Buffett's Berkshire Hathaway BRKa.N also sold some of its shares in the company.
Applied Materials AMAT.O fell after the chipmaking equipment maker forecast second-quarter revenue below estimates.
U.S. markets will be closed on Monday for the Presidents Day holiday.
Most S&P 500 sectors set for weekly advances https://reut.rs/4hVko0E
(Reporting by Noel Randewich in Oakland, California, and Shashwat Chauhan and Sukriti Gupta in BengaluruEditing by Maju Samuel and Matthew Lewis)
((Shashwat.Chauhan@thomsonreuters.com;))
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