Stocks Slide, Amazon Cut, China Stocks Reverse, PCE Prices – What’s Moving Markets By Investing.com – Investing.com

Stocks Slide, Amazon Cut, China Stocks Reverse, PCE Prices – What’s Moving Markets By Investing.com – Investing.com

By Geoffrey Smith 

Investing.com -- Stock futures slide as Amazon (NASDAQ:)'s slowing sales growth undermines the narrative for growth stocks. Chinese stock markets reverse after fresh regulatory action and trouble with overleveraged property developers. U.S. personal consumer expenditure price data will be scanned for signs of inflation. And the Eurozone grew faster than expected as the continent reopened in spring. Here's what you need to know in financial markets on Friday, 30th July.

1. Concern at Amazon's growth slowdown