Wall Street opened higher Friday, boosted by China's assessment of US tariff overtures. Futures for major indices showed gains, extending a winning streak. However, mixed corporate earnings reports dampened optimism; Exxon and Chevron reported lower profits due to weak oil prices, which fell below $60 a barrel. Apple and Amazon also reported results, with both expressing concerns about tariffs. Despite this, the April jobs report showed better-than-expected job growth (177,000 jobs added). Global markets also saw positive movement in Europe and Asia, with Hong Kong's Hang Seng surging 1.7%. Japanese Finance Minister mentioned the country's US Treasury bonds as potential leverage in tariff negotiations.

Prepared by Christopher Adams and reviewed by editorial team.