Skechers U.S.A., the shoe and apparel company, pulled its financial forecasts for the year due to "macroeconomic uncertainty stemming from global trade policies" even though it just reported a record quarter of revenue at $2.41 billion. Its stock fell 4.3%.

Wall Street's main indexes were muted in choppy trading on Friday, as investors struggled with little clarity on the U.S.-China trade front despite signs of a possible softening in Beijing's stance. On a brighter note,

U.S. stock index futures slipped on Friday as uncertainty remained high on the U.S.-China trade front despite signs of a possible softening in Beijing's stance. U.S. President Donald Trump said his administration is talking with China to strike a tariff deal and that Chinese President Xi Jinping has called him,