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· *US stocks slipped on Friday ahead of President Donald Trump's news conference on China. *
· *US consumer spending in April also posted the biggest drop on record as the personal savings rate jumping to a record 33%, from 12.7%. *
· *Oil slumped but is on track for its best month ever. *
· *Read more on Business...
US stocks slide as traders await President Trump's China news conference
Business Insider
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