Wall Street’s main indexes fell on Friday as investors were on edge ahead of a U.S. response to China’s national security law on Hong Kong that threatens to take the shine off another month of strong gains for the stock market.

President Donald Trump, who has warned of a tough response to China’s move, is expected to make an announcement later in the day.

Adding to the downbeat mood, economic data showed U.S. consumer spending suffered another month of record decline in April, buttressing expectations that the economy could contract in the second quarter at its steepest pace since the Great Depression. Full story here