US STOCKS-Wall St edges up on Intel but posts weekly loss

viernes 13 de junio de 2014 16:46 GYT

* Dow, S&P posts weekly loss after three weeks of gains

* Intel up on outlook, OpenTable soars on Priceline deal

* Iraq unrest drives up oil prices

* Indexes up: Dow 0.3 pct, S&P 0.3 pct, Nasdaq 0.3 pct (Updates to close)

By Angela Moon

NEW YORK, June 13 (Reuters) - U.S. stocks edged up on Friday, boosted by bullish news from the tech sector, but major indexes fell for the week as unrest in Iraq kept investors on edge.

Intel Corp was one of the S&P 500's biggest gainers and one of Nasdaq's most active names, but overall gains were capped as investors kept a close watch on violence in Iraq that drove oil prices to their highest since September.

Analysts are worried about the impact a protracted period of high commodity prices could have on economic growth, especially with indexes near record levels.

President Barack Obama said on Friday he needs several days to determine how the United States will help Iraq deal with a militant insurgency, but he ruled out sending U.S. troops back into combat and said any intervention would be contingent on Iraqi leaders becoming more involved.   Continuación...