Stocks closed mixed Friday following a massive rally a day earlier in response to the European Central Bank’s stimulus plans. The S&P 500 fell 0.55%, The Dow dropped more than 140 points, and the Nasdaq gained 0.16%. Leading the S&P 500 lower, UPS tanked 10% after warning its fourth quarter might come in lower than expected. The delivery company cited higher expenses during its peak season. FedEx sold off in sympathy, down 3%. Starbucks boosted the Nasdaq after the coffee house posted positive comparable store sales over its quarter and a 13% jump in revenue. Shares jumped 7%. Crude oil prices ended lower.
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