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Wall Street closed mixed as the Dow oscillated but closed down

FXStreet (San Francisco) - The US stocks market closed mostly up on Thursday but the Dow posted losses after oscillating in between red and green in the second part of the session.

The S&P 500 closed its best week in nearly 9 months and the Nasdaq extended its pull back from the 3,415 level. Corporate earnings and upbeat economic data fueled investors' confidence.

The Dow Jones declined 16.31 points or 0.10% in the day to close at 16,408.54; the DJIA rallied 2.38% in the week. The S&P 500 advanced 2.54 pts or 0.14% to finish at 1,864.85; 2.71% up in the week.

The Nasdaq won 9.29 points or 0.23% to 4,095.52; The Composite was 2.39% positive on the week.

GBP/JPY rises back to the 172.00 zone

The GBP/JPY moved in ranges between 171.90 and 171.50 during most of the day and on American hours, as the Yen weakened across the board rose back to the 172.00 area.
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Obama: Geneva talks offer diplomatic via to ease Ukraine's crisis

US President Barack Obama notes, via Reuters, that the Geneva talks offer prospect that diplomacy can de-escalate tensions in Ukraine. Obama also said that "Ukraine offered assurances that Russians in Ukraine would have full rights and be fully represented."
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