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NEW YORK, Jan. 27 (UPI) -- Fourth-quarter economic growth of 2.8 percent announced by the US Department of Commerce Friday failed to lift markets out of the doldrums.

US stocks closed mixed Friday as the Dow Jones Industrial Average fell 74 points to 12660, the Standard & Poor's 500-stock index declined 2.1 points to 1316, and the Nasdaq Composite index gained 11 points to 2817.

Stocks finished the week mixed, with the Dow slipping as the Nasdaq gained. In Colorado, Golden Star Resources and ADA-ES led actively traded gainers.

By Chris Dieterich and Christian Berthelsen NEW YORK -(Dow Jones)- US stock indexes ended mixed Friday after a reading on domestic economic growth fell short of expectations.

The Dow fell 80 points, or 0.6 percent, to 12656 at noon. The S&P 500 index fell 4 points to 1314. The Nasdaq composite edged up 5 to 2810.

The Standard & Poor's 500 Index rose for a fourth week, the longest streak since October, as the Federal Reserve's plans to keep interest rates low through at least late 2014 offset slower-than-forecast economic growth.

US stocks closed mixed Friday as the Dow Jones Industrial Average fell 74 points to 12660, the Standard & Poor's 500-stock index declined 2.1 points to 1316, and the Nasdaq Composite index gained 11 points to 2817.

The Dow Jones Industrial Average continued to lose steam Friday, ending the week down 74.17 points to 12660. That follows a 22.33 point drop Thursday that halted what had been a robust January rally.

The Dow Jones industrial average and the S&P 500 index fell after the government reported that economic growth was slower at the end of last year than economists had expected.

This fourth trading week of 2012 comes to a close with investors sending stocks lower following a disappointing GDP report. Welcome to the 'Weekly Market Wrap' for Friday January 27, 2012.

The Standard & Poor's 500 Index rose for a fourth week, the longest streak since October, as the Federal Reserve's plans to keep interest rates low through at least late 2014 offset slower-than-forecast economic growth.

By VINCENT MAO, INVESTOR'S BUSINESS DAILY Posted 05:15 PM ET Stocks closed split Friday amid earnings, mixed economic data and Fitch's downgrade of some euro zone nations.

New York: US Stocks: US stocks trimmed earlier losses to end little changed on Friday, as investors saw dips in the market as an opportunity to buy into what's been a strong first month of 2012.

US stocks closed mixed, but mostly lower after a disappointing below-forecast figure for fourth-quarter economic growth was published by the US Commerce Department.

By Lu Wang Jan. 27 (Bloomberg) -- The Standard & Poor's 500 Index is approaching the formation of a “golden cross” for the first time since 2010, historically a signal that more gains are likely to follow, Birinyi Associates Inc. said.