Stocks post sharp weekly losses after 4th straight down day - USA TODAY

Stocks post sharp weekly losses after 4th straight down day The broader market slumped despite an 18% jump in Amazon. com (AMZN) that sent its shares to a record high. Policymakers begin a two-day meeting on July 28. Overseas, European markets were sharply lower as Britain’s FTSE 100 was down 1. 1%, Germany’s DAX fell 1. 4% and France’s CAC 40 dropped 0. 6%. Asian markets also fell: Japan’s Nikkei 225 was down... In the case of China, it was the fifth straight month of contraction and the PMI's lowest level in 15 months. Source: www.usatoday.com