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Markets Drop Across Globe As Economies Slow

  • Retail sales in the U.S. increased slightly for the first time since January.
  • The Dow Jones Industrial Average tumbled as corporate profits are weaker and the trade war takes hold.
  • Stocks were mixed in Europe and Asia as weaker Chinese economic data spooked investors.
  • Some tech stocks like AMD, Alphabet, and Amazon bucked the downward trend and gained.
  • ViacomCBS subsidiary Paramount Pictures saw its shares decline sharply.
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