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.
However, the Dow and the S&P 500 hit all-time highs this week, as the post-Brexit rally rolled on. This was the 3rd straight week of 1%-plus gains. The Dow posted 4 straight record closes this week, as markets were lifted by good economic news from China and the US, while Financials were buoyed by good earnings from JP Morgan Chase
"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.
S&P 500 e-mini futures hit a session low down 0.65 percent after the reports, but pared the loss and were down 0.5 percent.
The Dow Jones industrial average rose 10.14 points, or 0.05 percent, to 18,516.55, the S&P 500 lost 2.01 points, or 0.09 percent, to 2,161.74 and the Nasdaq Composite dropped 4.47 points, or 0.09 percent, to 5,029.59.
Markets in Japan are shut on Monday for a holiday.
Reference: Reuters, Investing
Thai
Eng