US stocks closed mixed as Facebook holds S&P 500

FXStreet (San Francisco) - Wall Street closed mostly negative as stocks lost momentum throughout the session; however losses were limited. Facebook Co. rallied over 5% amid upbeat earnings and it drove the S&P to close positive on the day.

The Dow Jones dropped 2.83 pts or 0.02% to finish the day at 17,083.80; the S&P 500 advanced 0.97 points or 0.05% to close at 1,987.98; while the Nasdaq Composite eased 1.59 pts or 0.04% to 4,472.11.