*

Airbnb ( ABNB ) rises on 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

*

S&P 500 +0.08%, Nasdaq +0.31%, Dow -0.22%

(Updates with afternoon trading, adds analyst comment and

market details)

By Noel Randewich and Sukriti Gupta

Feb 14 (Reuters) - The S&P 500 crept up toward record

highs on Friday, with Nvidia ( NVDA ) climbing and Tesla

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 fell about 7 basis

points, last at 4.44%.

Nvidia ( NVDA ) added almost 2%, while Apple ( AAPL ) moved 1.1%

higher. Microsoft ( MSFT ) dipped about 0.5% and Tesla lost

0.6%.

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?'"

All three major indexes were set for robust weekly gains,

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

hit three weeks ago.

Stocks also 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.

The S&P 500 was up 0.08% at 6,119.88 points.

The Nasdaq gained 0.31% to 20,008.17 points, while the Dow

Jones Industrial Average was down 0.22% at 44,614.72 points.

Of the 11 S&P 500 sector indexes, six rose, led by energy

, up 0.55%, followed by a 0.52% gain in communication

services.

Airbnb ( ABNB ) jumped 14.4% after the vacation home rentals

company posted higher quarterly revenue.

DaVita ( DVA ) dropped 10.5% 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.

Applied Materials ( AMAT ) shed 6.4% after the chipmaking

equipment maker forecast second-quarter revenue below estimates.

U.S. markets will be closed on Monday for the Presidents Day

holiday.

Advancing issues outnumbered falling ones within the S&P 500

by a 1.2-to-one ratio.

The S&P 500 posted 36 new highs and 7 new lows; the Nasdaq

recorded 118 new highs and 72 new lows.