Wall Street digested the latest signs President Trump's trade war could be entering a more conciliatory phase.

Wall Street's main indexes rose on Friday, marking their third straight day of gains, as investors assessed fresh comments from President Donald Trump regarding tariffs on China ahead of a key weekend meeting between the two countries.

Wall Street pointed modestly higher before the opening bell as investors pored over the latest corporate earnings ahead of weekend trade talks between China and the U.S. Markets initially seemed indifferent to what appeared to be a de-escalation of the U.