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.

U.S. stocks ended higher Friday, securing a second consecutive week of gains as strong jobs data and signs of a potential thaw in U.S.-China trade tensions lifted investor sentiment. The Dow Jones rose 564.