04:49 PM EST, 02/14/2025 (MT Newswires) -- US benchmark equity indexes closed mixed Friday as traders analyzed data showing a drop in retail sales and a rise in industrial production in January.

The Dow Jones Industrial Average decreased 0.4% to 44,546.1, while the Nasdaq Composite rose 0.4% to 20,026.8. The S&P 500 was little changed at 6,114.6. Consumer staples and health care saw the biggest drops among sectors, while technology led the gainers.

For the week, the Nasdaq jumped 2.6%, while the S&P 500 advanced 1.5%. The Dow added 0.6%.

US markets will be closed Monday in observance of Presidents Day.

In economic news, retail sales in the US fell more than market expectations last month amid declines in most categories, including the motor vehicle component, data from the Census Bureau showed Friday.

"A resilient labor market, strong household balance sheets, and lower interest rates than a year ago mean we still expect consumer spending to rise at a solid pace in 2025," Oxford Economics said. "The proliferation of tariff threats takes off some of the shine, but are grounds for us to cut, not slash the forecast."

US industrial production increased more than projected in January amid gains in aerospace equipment and utilities, Federal Reserve data showed.

"Despite the monthly vagaries of the data, factory conditions are trending in the right direction," Oxford Economics said in a separate note.

The US two-year yield dropped 4.8 basis points to 4.26%, while the 10-year rate lost 4.7 basis points to 4.48%.

In company news, Applied Materials ( AMAT ) shares dropped 8.2%, the steepest decline on the Nasdaq and among the worst on the S&P 500. Late Thursday, the semiconductor equipment manufacturer issued a downbeat fiscal second-quarter revenue outlook at the midpoint amid the impact of US restrictions on exports to China.

GoDaddy ( GDDY ) was the worst performer on the S&P 500 Friday, down 14%. Late Thursday, the company reported fourth-quarter earnings that plunged more than feared.

Airbnb ( ABNB ) shares surged nearly 15% Friday, the best performer on the S&P 500 and the Nasdaq. Late Thursday, the vacation rental company logged a bigger-than-projected fourth-quarter profit as strong demand propelled revenue above Wall Street's estimates.

Wynn Resorts ( WYNN ) was among the top gainers on the S&P 500 Friday, up 10%. The company late Thursday delivered a fourth-quarter beat.

West Texas Intermediate crude oil dropped 0.9% to $70.66 a barrel Friday.

On Thursday, President Donald Trump signed a memorandum ordering the development of a plan to impose "reciprocal tariffs" on other countries.

The move is "a step in the wrong direction," the European Commission said Friday. "The EU maintains some of the lowest tariffs in the world and sees no justification for increased US tariffs on its exports."

Gold fell 1.7% to $2,895.20 per troy ounce, while silver ticked 0.2% lower to $32.67 per ounce.