Treasury Secretary Scott Bessent said trade talks between China and the U.S. have stalled and a direct call between the two countries' presidents may be needed to close a deal, adding to the uncertainty around tariffs as U.

Stock futures were little changed on Thursday night as investors continue to navigate a volatile global trade landscape. Futures tied to the Dow Jones Industrial Average pulled back 67 points, or 0.1%. S&P 500 futures fell 0.2%, while Nasdaq-100 futures declined 0.3%.

Futures for Canada's main stock index were subdued on Friday ahead of domestic GDP data, as investors assessed a U.S. appeals court's decision to undo a prior ruling that had blocked most of President Donald Trump's tariffs.

S&P 500 futures are down 0.1% Dow Jones Industrial Average futures are down 0.08% Nasdaq-100 futures are down 0.2% On Thursday, the S&P 500 closed up 23.62 points, or 0.4%, to 5912, the Dow Jones Industrial Average rose 117.

European markets and U.S. futures jumped early Tuesday following a weekend trade truce between the E.U. and U.S. after Trump’s threat late last week to tack on 50% imports from the trading bloc.

Binance Futures listed HYPE, the native token of rival derivatives exchange HyperLiquid, on Friday. HYPE rose by 77.5% over the past 30 days as it made its way into the 15 largest cryptocurrencies by market cap. The Binance listing is a USD-margined perpetual contact that offers up to 75x leverage.

In Europe, the Stoxx Europe 600 climbed 0.1% in morning trading. M&G added 7.5% and Fastighets Balder B rose 4.2%. On the other hand, LPP slipped 7.3%, and Sanofi lost 4.9%. The FTSE 100 added 0.4%. Other stocks in Europe were mixed as France's CAC 40 decreased 0.2% and Germany's DAX climbed 0.3%.

Crude oil futures drop amid US trade tariff uncertainty, OPEC+ meeting awaited, US EIA data shows decline in inventories.