USA stocks closed mixed as the Dow Jones Industrial Average achieved its first daily gain in four sessions on strong United States consumer data. It measures the daily stock price movements of 30 large, publicly-owned US companies.
S&P 500 price action fell by more than 1% following the NY opening bell, but equities clawed back downside as trading progressed.
NASDAQ measures a number of indices reflecting the reaction of USA's high tech markets and business environments on the country's political and economic developments which have an impact on high tech markets, "Armenpress" reports.
Delta Air Lines reported a worse loss than Wall Street had forecast, as the pandemic keeps many fliers grounded, and its shares slid 2.7%.
The Dow Jones Industrial Average gained 267 points, 0.9%, to 28,762.2; the Nasdaq gained 41 points, 0.35%, to 11,754.2; and the S&P 500 improved 20 points, 0.6%, to 3,503.73.
According to the recent retail sales data, both Dow Jones and S&P saw inclination in their points.
For the week, the Dow eked out a 0.07 percent gain, the S&P 500 added 0.2 percent and the NASDAQ Composite rose 0.8 percent.
Wall Street's major averages finished lower as uncertainty over a fresh US coronavirus relief package unnerved investors.
Goldman Sachs Group Inc, Wells Fargo & Co and Bank of America Corp rose between 0.2% and 0.9% in premarket trading ahead of their third-quarter reports, which would follow a better-than-expected numbers from JPMorgan Chase & Co and Citigroup Inc on Tuesday. The cruise operator said it will sell up to $575 million of stock to raise cash.
The yield on the 10-year Treasury fell to 0.72% from 0.79% late Friday. That matched economists' expectations, and it also showed that month-over-month inflation has slowed since strengthening in the summer.
Senate Majority Leader Mitch McConnell said the Republican-led Senate would vote next week on a targeted $500 billion coronavirus aid bill of the type Democrats already have rejected as they hold out for trillions in relief.
"We do need bipartisan support, we can't do this alone, so I will continue to negotiate until we can get a deal done", Mnuchin said on CNBC, but accused House Speaker Nancy Pelosi of "holding out for an all-or-nothing" deal.
Meanwhile, after a mixed start to the third-quarter earnings season from the big Wall Street lenders, investors will look next week to results from Netflix Inc, one of the technology mega-caps that have benefited from stay-at-home demand during the pandemic. At the same time, the points for Nasdaq Composite dropped 42.32 points.