Closing Bell: Mattel Falls on Weak Barbie Sales; Dow at New Records Again

Quarterly disappointments from Starbucks Corp. and Amazon.com Inc. weigh on markets.
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Quarterly disappointments from Starbucks Corp. (SBUX) - Get Report and Amazon.com Inc. (AMZN) - Get Report weighed on markets to end the week. The Nasdaq and S&P 500 fell, while the Dow Jones Industrial Average logged another record close with small gains. Crude drilling activity rose in the past week with the number of active rigs rising for their 26th time in 27th weeks. Even so, crude oil held onto gains and settled at its highest level since late May. Wells Fargo slid after admitting it pressured roughly 570,000 customers into auto loan policies that were not needed. The bank will pay $80 million in refunds. Mattel Inc. (MAT) - Get Report was sharply lower after a slowdown in sales of its iconic Barbie doll contributed to a disappointing quarterly performance. Barbie sales fell 5% over the recent three-month period, the third straight decline in a row.