Crude Oil Down 2%; Amazon Shares Tumble After Q2 Results
1. AMZN shares fell 8% after Q2 earnings report. 2. Second-quarter net sales reached $167.7 billion, exceeding expectations. 3. Consumer discretionary stocks overall dropped by 3.4%. 4. U.S. stock markets, including NASDAQ, experienced declines. 5. Current economic indicators show mixed signals for consumer spending.