Stock futures were lower on Friday following a three-day winning streak on Wall Street as investors weigh earnings from a major tech company and lingering trade fears. Futures linked to the S&P 500 were 0.2% lower, while Nasdaq-100 futures slipped 0.3. Futures tied to the Dow Jones Industrial Average dipped 171 points, or 0.4%. Stock futures turned lower after comments from President Donald Trump were published by Time magazine. The president said he would consider it a “total victory” if the U.S. has high tariffs of 20% to 50% on foreign countries a year from now. Trump also denied that rising yields forced his hand in granting a 90-day pause on most of the higher tariff rates. “The bond market was getting the yips, but I wasn’t,” said Trump in the interview from Tuesday that was published Friday. The moves come after what has been a solid weekly performance for the market. The S&P 500 and Nasdaq are up 3.8% and 5.4% this week, respectively. The Dow has climbed 2%. But stocks have been in a wide trading range following the initial shock of President Donald Trump’s “reciprocal” tariffs announcement on April 2 as investors await clarity on negotiations with key trading partners such as China. That country revealed Thursday that there were no ongoing discussions on tariffs. That followed the White House signaling earlier this week that it may ease its stance on China tariffs, which sit at a total of 145% on imports from the country. On Tuesday, Trump said that the tariff rate will “come down substantially. But it won’t be zero.” “I think that really all the market needed was just a little spark to kind of move it off some of these depressed levels, and I think that’s what we’re seeing,” said Anthony Saglimbene, chief market strategist at Ameriprise. “I think we’re still in for a period of choppiness around stock trading, and I think heading into next week, it’s really going to be the big tech earnings that are going to really influence where the major averages go.” Investors also kept an eye on corporate earnings. Alphabet jumped about 5% after the Google-parent and “Magnificent Seven” name reported a beat on the top and the bottom line for the first quarter. By contrast, Intel fell 7% after offering disappointing guidance and revealing that it plans to slash operational and capital expenses. The 10-year Treasury yield slipped on Friday as investors weighed U.S. President Donald Trump’s policy reversal and remained optimistic about a possible trade deal between the U.S. and China. The benchmark Treasury yield shed 3 basis points to 4.274%, while the 2-year Treasury yield was unchanged at 3.789%. Asia markets rose after Wall Street gained for a third straight day as tech stocks rallied, with investors assessing the trade climate as the U.S. tones down tariff rhetoric and China reportedly mulls suspending tariffs. China may waive its 125% tariff on certain U.S. goods, Bloomberg reported citing sources familiar with the matter. Hong Kong’s Hang Seng Index was 0.24% higher, closing at 21,963.09 while mainland China’s CSI 300 traded flat to close at 3,786.99. Japan’s benchmark Nikkei 225 rose 1.9% to close at 35,705.74 and the Topix added 1.37% to end the trading day at 2,628.03. South Korea’s Kospi climbed 0.95% to close at 2,546.3 while the small-cap Kosdaq rose 0.5% to close at 729.69 as South Korea also reportedly inches closer to striking a trade deal with the U.S. Australian markets are closed for a holiday. Oil prices were set for a weekly decline of nearly 2% on the back of oversupply concerns and uncertainty around tariff talks between the U.S. and China. Brent crude futures fell 2 cents to $66.53 a barrel by 0814 GMT, falling 2.2% on the week. U.S. West Texas Intermediate (WTI) crude rose 2 cents to $62.81 a barrel, having declined 3% for the week. “On a weekly basis … prices are down as concerns over oversupply from OPEC+ persist, while the demand outlook remains uncertain amid ongoing trade tensions. A stronger U.S. dollar has also added pressure to crude prices,” LSEG senior analyst Anh Pham said. Gold prices lost more than 1% on Friday and were heading for a weekly fall on signals of a potential de-escalation in the U.S.-China trade war, including news that China was weighing tariff exemptions for some U.S. goods. Spot gold fell 1.5% to $3,299.69 an ounce as of 0830 GMT. U.S. gold futures shed 1.1% to $3,310.20. “Gold is facing challenges in sustaining upward momentum as optimism around a potential U.S.-China trade agreement grows,” said Zain Vawda, an analyst at MarketPulse by OANDA.