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

U.S. stock index futures were subdued on Friday after a rally in the previous session, when a new trade agreement between the United States and Britain had fueled expectations of more such deals to ease the sting of the global trade war.

Stocks ended higher across the board on Thursday, buoyed by a framework trade agreement between the U.S. and the UK that, while a positive move for the administration, fell far sh