Despite signs of reprieve on the trade front, erratic changes in U.S. tariff policies have forced some companies to warn of business impacts or pull earnings forecasts amid worries of higher costs and a hit to economic growth.

Stocks are opening higher on Wall Street following a stronger-than-expected report on the US job market. The S&P 500 climbed 1% in early trading Friday, putting the index on track for a ninth straight day of gains.

The numbers suggest Trump’s tariffs haven't made a big dent in the job market, though those impacts may not be reflected in the data for weeks or months.