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* Futures off: Dow 0.57%, S&P 0.56%, Nasdaq 0.71%
By Ambar Warrick
May 22 (Reuters) - U.S. stock index futures retreated on Friday as growing tensions between Washington and Beijing added to fears of a slower recovery from a coronavirus-led recession.
China moved on Friday to impose a national-security law in Hong Kong that could see mainland intelligence agencies set up bases in the global financial hub, raising fears of more pro-democracy protests. move could also ratchet up U.S.-China tensions as President Donald Trump on Thursday warned Washington would react "very strongly" if Beijing went ahead with the law. MKTS/GLOB
Still, Wall Street's main indexes were set to end Friday with weekly gains on the back of stimulus hopes and optimism over a pickup in business activity with a nationwide easing in lockdowns.
Hewlett Packard Enterprise HPE.N fell 7.1% in premarket trade after missing second-quarter revenue and profit estimates, hit by global lockdowns since February. data analytics software maker Splunk Inc SPLK.O rose 3.5% after saying it expects higher demand for its cloud services as people around the world take to working from home. S&P 500 ETFs SPY (NYSE: SPY ).P were down 0.83%.
The S&P 500 index .SPX closed down 0.78% at 2,948.51 on Thursday.
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