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.