Saturday, 31 Jul 2021 07:08 AM MYT
The pan-European STOXX 600 index lost 0.45 per cent and MSCI’s gauge of stocks across the world shed 0.74 per cent. Reuters pic
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NEW YORK, July 31 US stocks dropped yesterday to pull further from record highs as an underwhelming earnings report from Amazon.com Inc dampened the market mood, while the dollar bounced from its lows but still suffered its worst week in nearly two months.
After making record profits during the pandemic, Amazon said late on Thursday that its sales growth would slow in the next few quarters as people ventured outside their homes post-pandemic and reduced online shopping.
GLOBAL MARKETS-US stocks slip on Amazon earnings, dollar
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