US stocks erased early losses to close up on Friday but still finished the week lower on mixed economic data, while European equities had their first weekly drop since April on worries over Iraq and Ukraine.
The Dow Jones industrial average rose 5.71 points, or 0.03 percent, to end at 16,851.84. The S&P 500 gained 3.74 points, or 0.19 percent, to finish at 1,960.96. The Nasdaq Composite advanced 18.88 points, or 0.43 percent, to close at 4,397.93.
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