AFP, New York :
US stocks closed mostly lower Saturday ending a four-day winning streak, as the sheen came off the European Central Bank’s stimulus announcement and profit taking set in.
But the Nasdaq held up for a gain, its mostly tech stocks pulled up in part by coffee chain Starbucks, which added 6.5 percent on quarterly earnings that matched expectations and the announcement of a new president and chief operating officer.
After advancing 1.5 percent Thursday, the Dow Jones Industrial Average ended down 141.25 points (0.79 percent) at 17,672.73.
US stocks closed mostly lower Saturday ending a four-day winning streak, as the sheen came off the European Central Bank’s stimulus announcement and profit taking set in.
But the Nasdaq held up for a gain, its mostly tech stocks pulled up in part by coffee chain Starbucks, which added 6.5 percent on quarterly earnings that matched expectations and the announcement of a new president and chief operating officer.
After advancing 1.5 percent Thursday, the Dow Jones Industrial Average ended down 141.25 points (0.79 percent) at 17,672.73.
