Eastern time. The Dow Jones Industrial Average fell 25.23 points, or 0.1%, to 29398.08.
Trading was mostly subdued and cautious following China's report Thursday of a surge in cases of a new virus that raised fresh concerns about global economic growth.
NEW YORK, Feb 14 (Reuters) - Wall Street edged lower on Friday as uncertainties surrounding the coronavirus epidemic and downbeat economic data put a damper on investor sentiment.
Rising stocks outnumbered declining ones on the New York Stock Exchange by 1400 to 1384 and 93 ended unchanged; on the Nasdaq Stock Exchange, 1507 fell and 1120 advanced, while 83 ended unchanged.
The S&P 500 and Nasdaq eked out tiny gains, good enough to nudge each to an all-time high for the fourth time this week.
USA stock futures came out marginally higher on Friday as market participants continued to watch the latest updates on the COVID-19 outbreak.More news: 2,048 new coronavirus cases, 105 deaths reported on Chinese mainland
Energy shares were the biggest losers. Marathon Oil slid 4.4%, J.B. Hunt Transportation Services fell 3.4% and American International Group dropped 4.6%.
USA stocks traded mixed on Friday, as investors digested the latest economic data as well as quarterly corporate earnings reports. Expedia got an 11.8% boost from its earnings while Roku hiked 7.8% and Newell Brands 3%. The yield on the 10-year Treasury fell to 1.57% from 1.61% late Thursday.
Canadian cannabis company Canopy Growth surged 16.1% after its latest quarterly results topped Wall Street's forecasts.
The, which measures the implied volatility of S&P 500 options, was down 3.32% to 13.68.
Caterpillar Inc rose 0.4% after Goldman Sachs upgraded the construction and mining equipment maker's shares to "buy".
The Russell 2000 index of smaller company stocks rose 4.36 points, or 0.3%, to 1,693.74.More news: Global experts begin meetings in China over virus, WHO says
The Dow gained 295.57 points, or 1%.
"The end of this is out there at some point and that gives support to the market knowing this is going to be a temporary issue for the global economy", said Tim Ghriskey, chief investment strategist at Inverness Counsel in NY.
The fourth-quarter earnings season is winding down with 351 S&P 500 companies having reported so far. Companies are expected to report overall profit growth of just under 1% when all the reports are in, according to estimates from FactSet.
Indeed, in his economic report to Congress earlier this week, U.S. Federal Reserve Chair Jerome Powell said the central bank was assessing the risk of the coronavirus and other potential threats, indicating any change to its accommodative policy was unlikely this year. Walmart will release its report on Tuesday. Stock and bond markets are closed on Monday for the Presidents' Day holiday.
US industrial production slipped by 0.3% in January, the fourth such decline in the past five months, the Federal Reserve said Friday. The government will release data on housing starts on Wednesday and the National Association of Realtors will release January home sales data on Friday.More news: Holden to 'retire' its vehicle brand across NZ and Aus