Wall Street retreats on fears of slumping U.S. economy

The U.S. stock market’s main indexes slumped on Thursday, weighed by mega-cap tech and chip stocks, while small-caps bore the brunt of selling pressure on renewed fears of a slowdown in the U.S. economy.

Ankika Biswas and Shubham Batra for Reuters:
‎

Fresh data showed a measure of manufacturing activity dropped to an eight-month low in July, keeping the se…