Wall Street closes mixed but with weekly gains

FXstreet.com (San Francisco) - The US stocks market closed mixing red and green numbers with the Dow advancing but the S&P 500 and Nasdaq declined on Friday. Investors were cautious on weaker than expected US GDP in the Q1. However, US grow at 2.5% annualized rate in the first three months of 2013, pretty decent number if you compare with Europe or Uk.

The Dow Jones advanced 11.75 points or 0.08% to close at 14,712.55. The DJIA won 1.13% on the week. The S&P 500 declined 2.92 points or 0.18% to end at 1,582.24, but the index was 1.74% higher on the weekly basis. The Nasdaq eased 10.73 points or 0.33% to finish the day at 3,279.26, its first negative day in six days. The composite rallied 2.28% on the 5-day term.