(For a Reuters live blog on U.S., UK and European stock

markets, click/ or type LIVE/ in a news window.)

*

Airbnb ( ABNB ) rises after upbeat quarterly results

*

DaVita ( DVA ) falls after Q4 results; Berkshire Hathaway ( BRK/A ) cuts

stake

*

January retail sales at -0.9% MoM vs -0.1% estimate

*

Indexes: Dow unchanged, S&P 500 up 0.08%, Nasdaq up 0.02%

(Updates for market open)

By Shashwat Chauhan and Sukriti Gupta

Feb 14 (Reuters) -

Wall Street's main indexes were muted on Friday, as

investors awaited more clarity on U.S. President Donald Trump's

reciprocal tariff plans after robust gains in the last sessions,

with all three benchmarks set for weekly gains.

Trump tasked his economics team on Thursday with devising

plans for reciprocal tariffs on every country taxing U.S.

imports, though the directive stopped short of imposing fresh

tariffs.

Howard Lutnick, Trump's pick for commerce secretary, said

the administration would address each affected country one by

one and said studies on the issue would be completed by April 1.

"The tariff news created a lot of volatility about two

weeks ago, but right now it seems that the markets are looking

past it," said Larry Tentarelli, chief technical strategist and

founder of Blue Chip Daily Trend Report.

"The markets probably see the tariffs as more of a

negotiating tool than anything else."

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, with uncertainty likely to

persist.

However, all three major indexes are set for robust weekly

gains, with the S&P 500 currently just shy of its record

high hit three weeks ago.

The S&P 500 closed about 1% higher on Thursday, boosted

by gains in Nvidia ( NVDA ), Apple ( AAPL ) and Tesla.

Stocks also got a boost after data showed U.S. producer

prices increased in January, while key elements in the core

Personal Consumption Expenditures (PCE) index, a measure closely

tracked by the Fed, were benign or lower.

Traders are fully pricing in at least one 25-basis-point

interest rate cut by the end of the year, with an about 50%

chance of an additional such reduction, as per data complied by

LSEG.

At 9:40 a.m. ET, the Dow Jones Industrial Average

was unchanged at 44,711.17. The S&P 500 gained 4.61

points, or 0.08%, to 6,119.68 and the Nasdaq Composite

inched 4.47 points, or 0.02%, higher to 19,950.12.

Nine of the 11 S&P 500 sectors traded higher, with

energy leading gains with a 1.5% rise, tracking

rising

oil prices.

Meanwhile, U.S. retail sales fell more than expected in

January, dropping 0.9% last month after an upwardly revised 0.7%

increase in December.

Yields across U.S. government bonds ticked lower after

the data, with the one on the 10-year note last at

4.47%.

Nvidia ( NVDA ) outpaced most megacap and growth stocks,

adding 1.4%.

Airbnb ( ABNB ) jumped 12.3% after the vacation home rentals

company posted higher quarterly revenue.

DaVita ( DVA ) dropped 14.7% after the dialysis firm

projected annual profit below estimates. Warren Buffett's

Berkshire Hathaway ( BRK/A ) also sold some of its shares in the

company.

U.S. markets will remain closed on Monday for the

Washington's Birthday holiday.

Advancing issues outnumbered decliners by a 2.91-to-1

ratio on the NYSE and by a 1.64-to-1 ratio on the Nasdaq.

The S&P 500 posted 23 new 52-week highs and two new

lows, while the Nasdaq Composite recorded 81 new highs and 20

new lows.