The Dow Jones Industrial Average shed 120 points, or 0.7%, to 16963 in morning trading. The S&P 500 index lost eight points, or 0.4%, to 1980.
July 25 (Reuters) - U.S. Commerce Department seasonally adjusted data on durable goods orders, with percent changes from prior months.
German consumers apparently remain upbeat and euro-zone bank lending also provided reassuring counterpoint to German business sentiment.
21st Century Fox is selling its interest in pay-TV systems in Germany and Italy as part of a $9.3-billion deal that will give Rupert Murdoch's media company a big pile of cash.
Amazon.com Inc. (NASDAQ:AMZN) : The online retailer posted a wider-than-expected loss for the second quarter even as revenue jumped 23%.