Red folders, or high-impact news events, are extremely volatile, and sharp price spikes are normal. As a result, this could heavily affect slippage and directly impact open trades during news.
Slippage is the difference between the expected price of a trade and the price at which your order is filled. It normally occurs when the market is volatile, and can be far worse when there are high-impact news events, such as the following:
NFP
FOMC
CPI
GDP
PCE
Price slipping past your Stop Loss during high-impact news events is beyond the control of Funded Friends, or any broker. Always plan accordingly and manage your risk well.