US major indices close mixed with Nasdaq modestly lower. Dow up for 8th day in a row

The major stock indice are ending the day mixed with the Nasdaq down marginally. THe S&P and the Dow rose. The Dow closed higher for the 8th consecutive week. The S&P was up nearly 2% on the week and all the indices moved higher this week.

The final numbers are showing:

• Dow industrial average rose 125.06 points or 0.32% at 39512.85
• S&P index rose 8.62 points or 0.17% at 5222.69
• Nasdaq index-5.40 points or -0.03% at16340.87

The small-cap Russell 2000 fell -13.85 points or -0.67% at 2059.77

For the trading week:

• Dow industrial average rose 2.16% (fourth week in a row higher)
• S&P index rose 1.85% (third week in a row higher)
• NASDAQ index rose 1.14% (third week in a row higher)

This article was written by Greg Michalowski at www.forexlive.com.