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S&P 500 Gains and Losses Today: Palantir Stock Jumps as Listing Heads to Nasdaq

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The S&P 500 fell 1.3% on Friday , while the Dow slipped 0.7% .

Federal Reserve Chair Jerome Powell suggested that the central bank has leeway to ease off on its rate-cutting campaign if needed.

Retail sales data from October came in stronger than expected, with consumer spending remaining robust despite uncertainty around the election and the impact of several major storms.

Palantir Technologies shares surged after the analytics software provider said it will transfer its stock listing to the Nasdaq.