Futures on Wall Street are looking to advance after China cited progress in trade talks with the US, stating that both sides will continue communicating. The Dow futures are up 30 points, S&P 500 futures are at the flat line,

"Major financial events often happen first in Japan, for example the late-1990s tech bubble bursting first in Japan," Albert Edwards wrote Thursday.

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US stocks rose on Friday, notching weekly wins across the major averages after an easing in US-China trade tensions. Investors also eyed President Trump's sweeping tax and spending bill, which failed to clear a key hurdle Friday,

The boss of Wall Street’s biggest bank fears that extreme complacency crept into the market as investors shook off last month’s tariff scare. Wall Street strategists say he might be on to something.

Dow Jones Industrial Average and S&P 500 are down, and the Nasdaq is up Thursday. The 10-year Treasury yield retreats.