US stocks slide amid signs of a sluggish economic recovery in China

Reuters US stocks edged lower Friday following signs that China's economic recovery my be more fragile than hoped. China's government did not set an annual economic target for the nation for the first time in decades amid the coronavirus pandemic. Oil prices slumped as much as 9% amid broader risk-off sentiment. Tensions between the US and China flared again after Beijing said it would impose new national security legislation's in Hong Kong.