US STOCKS-Wall St ends flat but futures slip after Turkey coup reports

viernes 15 de julio de 2016 17:46 GYT

* Financials dip, Wells Fargo weighs after results

* Turkey ETF drops as country's military attempts coup

* Indexes: Dow up 0.05 pct, S&P off 0.09 pct, Nasdaq off 0.09 pct (Updates with comment on Turkey)

By Rodrigo Campos

NEW YORK, July 15 (Reuters) - The Dow industrials ended at a record high on Friday and major indexes closed a third consecutive week of gains as upbeat economic data and the start of earnings season gave investors confidence.

But equity futures fell after the closing bell following reports of a coup in Turkey. The military said it had seized power, but the prime minister said the attempted coup would be put down.

"U.S. (Treasury) yields have fallen, the Turkish lira plummeted, gold is up, you could call it a textbook response to this kind of situation," said Brian Jacobsen, chief portfolio strategist at Wells Fargo Funds Management in Menomonee Falls, Wisconsin.

"How it plays out depends on what the effects are by the time markets open on Monday. It is unclear right now who is in control."

A U.S. exchange-traded fund that follows the Turkish stock market dropped sharply near the end of the session and was down 6 percent after the bell.   Continuación...