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NewsWatch: Dow slides 130 points ahead of Memorial Day weekend as investors watch China-U.S. tensions

22 May 2020

U.S. stock benchmarks trade lower early Friday as investors look ahead to a three-day weekend. Equity benchmarks will look to defend their sharp weekly gains amid rising Sino-American tensions and a holiday that could test the bounds of business reopening efforts after coronavirus lockdowns in much of the country.

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