Wall Street advanced on Friday but closed the week mixed

FXStreet (San Francisco) - The US stocks closed the day with gains but it wasn't enough to post weekly gains. Investors are positioning for the end of the quarter on Monday. Nasdaq posted its worst week of the year while the S&P 500 fell for second week.

The Dow Jones advanced 58.83 points or 0.36% in the day; weekly gains were more modest as the DJIA advanced 0.12% to close the week at 16,323.06. The Nasdaq posted 4.53 points or 0.11% of gains in the day but it was a ugly week with 2.83% losses to 4,155.76.

The S&P 500 rose 8.58 points or 0.46% to finish at 1,857.62; in the weekly basis the index lost 0.48%.