Stocks Slip as U.S.-China Tensions Simmer  05/29/2020 15:27:00   Avantika Chilkoti Close Avantika Chilkoti Biography @AChilkoti , Chong Koh Ping Close Chong Koh Ping Biography and Gunjan Banerji Close Gunjan Banerji Biography @gunjanjs

Both Congress and the Federal Reserve are pumping trillions of dollars into the economy to fight the economic damage caused by the coronavirus. WSJ explains where all that stimulus money is coming from. Photo Illustration: Carlos Waters / WSJ

U.S. stocks slipped Friday as investors braced for President Trumps response to Chinas push for tighter security controls on Hong Kong, which could reignite tensions between the worlds two largest economies.

The S&P 500 shed 0.7%. The Dow Jones Industrial Average fell roughly 256 points, or about 1%. The Nasdaq Composite swung between small gains and losses and was roughly unchanged.


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