US STOCKS-Wall St edges up; indexes post losses for week

viernes 11 de julio de 2014 16:50 GYT
 

* S&P 500 down 0.9 pct for week in biggest weekly drop since April

* Wells Fargo falls after results; more banks' earnings due next week

* Internet names help support the Nasdaq

* Dow up 0.2 pct; S&P 500 up 0.2 pct; Nasdaq up 0.4 pct (Updates to close)

By Caroline Valetkevitch

NEW YORK, July 11 (Reuters) - U.S. stocks managed to score modest gains on Friday, but the S&P 500 posted its biggest weekly drop since April as investors showed only mild enthusiasm after getting their first glimpses of earnings.

Shares of Wells Fargo & Co., which fell 0.6 percent to $51.49, were in the spotlight as the biggest U.S. mortgage lender was the first major U.S. bank to report earnings.

Wells Fargo's results will be followed next week by earnings from Citigroup, Goldman Sachs, JPMorgan Chase and Bank of America.

Next week's flurry of earnings will include reports from Google and Intel.   Continuación...