Wall Street steadies but heads for monthly losses

US stock indices steadied on Friday while still heading for weekly and monthly losses. 

Earlier US data showed personal consumer spending rose 0.6%, passing estimates of 0.5% and triggering concerns about inflation.

The Michigan\Reuters consumer confidence index fell 58.6 in September, while analysts expected 59.5. 

Fed officials renewed statements the Fed won't back down from current policy objectives to control inflation. 

Dow Jones fell 0.4%, or 100 points to 29,127, while S&P 500 fell 0.1%, or 2 points to 3,638, while NASDAQ rose 2%, or 30 points to 10,766.