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The other main gauges declined as well, but not as much as the Nasdaq.
The three main gauges posted a weekly gain and snapped a two-week losing streak.
Stock prices had been extraordinarily weak until the last two days, with the main gauges all hitting multiyear lows on Wednesday.
The Nasdaq, the most battered of the main gauges during a three-year bear market, last closed higher on March 11 , 2002 when it stood at 1,929.49.
But the escalation of fighting in Iraq seemed to cast a pall over the market and the three main gauges finished the holiday-shortened week slightly lower.
Mr. Trichet's hints did little to ease pressures in credit markets, where the main gauges of confidence among banks edged up again Thursday.
Similar(33)
The index, the main gauge of inflation and bedrock statistic of the federal government, is a surprisingly frail number.
The main gauge of inflation, the consumer price index, last month had increased 3.3 percent from a year before.
The government's IPCA consumer price index, the central bank's main gauge in setting interest rates, rose 0.91percentt last month after rising 0.71percentt in June.
Orders are a main gauge of demand and the company in the third quarter turned around a year-long string of forward order declines.
The consumer price index, the nation's main gauge of inflation, rose 4.9 percent in February from the same month a year ago, according to the National Bureau of Statistics.
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