Wall Street declines for second week ahead FOMC meeting

FXstreet.com (San Francisco) - The US Stocks market closed higher on Friday but posted its second negative week in a row as investors are cautious ahead of the Federal Reserve policy meeting next week.

Wall Street performed its worst week since August. The Dow Jones and the S&P 500 posted its second positive day in the last 10 sessions.

The DJIA advanced 15.93 pts or 0.10% on Friday to close the session at 15,755.36; the Dow declined 1.65% on the week. The S&P 500 declined 0.18 pts or 0.01% today and closes the week 1.65% negative at 1,775.32. The Nasdaq added 2.57 pts or 0.06% to end the week at 4,000.98; the Composite lost 1.51% in the last 5 days.

Flash: A firmer dollar - TDS

Research strategists at TD Securities noted a firmer dollar for the end of the week.
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GBP/JPY ending the week on the back foot

GBP/JPY has been down on the week and has continued into the closing hours on the offer.
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