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28 Feb 2014
US stocks closed mixed the day, but post solid gains in February
FXStreet (San Francisco) - Wall Street rallied early in the day but investors confidence faded amid rumors about possible Russian military action in Ukraine. AFP informed late in the day that 2,000 Russian soldiers landed in 'armed invasion' of Crimea.
The Dow and the S&P closed the day with green numbers but the Nasdaq Composite declined on Friday; however, the three indexes closed the week with gains and posted solid numbers in the month.
The Dow Jones advanced 50.73 points in the day to close at 16,323.38; it was the third positive week of the last four that the DJIA finished with gains. On the monthly basis the index rallied 3.98% in February.
The S&P 500 closed its third week of gains in the last four too after rising 5.16 points or close Friday at 1,859.45. The S&P climbed 4.32% in the month.
On the other side, the Nasdaq declined 10.81 point on Friday to close the session at 4,308.12; however it wasn't a drama as the Composite posted its fourth weekly gains in a row to jump 4.98% in February.
The Dow and the S&P closed the day with green numbers but the Nasdaq Composite declined on Friday; however, the three indexes closed the week with gains and posted solid numbers in the month.
The Dow Jones advanced 50.73 points in the day to close at 16,323.38; it was the third positive week of the last four that the DJIA finished with gains. On the monthly basis the index rallied 3.98% in February.
The S&P 500 closed its third week of gains in the last four too after rising 5.16 points or close Friday at 1,859.45. The S&P climbed 4.32% in the month.
On the other side, the Nasdaq declined 10.81 point on Friday to close the session at 4,308.12; however it wasn't a drama as the Composite posted its fourth weekly gains in a row to jump 4.98% in February.