NEW YORK (Reuters) - Disappointing earnings from Amazon and Visa dragged U.S. stocks lower on Friday in a broad selloff led by consumer discretionary shares.
LONDON/PARIS - 21st Century Fox (FOXA) on Friday agreed to sell its Sky television assets in Italy and Germany to British Sky Broadcasting for $9 billion, forming a single pay-TV provider with 20 million subscribers.
... * U.S. dollar hits new eight-month high against euro. * U.S. durable goods data, weak German Ifo underpin dollar. * Geopolitical tensions weigh on euro (Updates prices, adds comment, changes byline, dateline, previous LONDON).
WASHINGTON -- Orders for long-lasting U.S. manufactured goods rose more than expected in June, pointing to momentum in the economy heading into the third quarter.
... * Shares open at $19, above IPO price of $15. * Values company at over $700 mln at day's high (Adds details). By Amrutha Gayathri.