Wall Street closes mixed as Obama nominates Yellen but remains in US shutdown

FXstreet.com (San Francisco) - The Dow Jones and S&P 500 reverted strong initial losses and closed the day with gains. However, the Nasdaq logged its third negative day in a row as investors digested the officially nomination of Vice Chair Janet Yellen to replace Ben Bernanke as the Federal Reserve chairwoman.

The Dow Jones advanced 26.45 points or 0.18% to end the day at 14,802.98; the S&P 500 added 0.95 points or 0.06% to close the session at 1,656.40; and the Nasdaq Composite lost 17.05 points or 0.46% to 3,677.78.