Dow, S&P and Nasdaq futures were all in the black, though slightly, even though China announced it was raising its tariffs on U.S. goods again, escalating their trade war.

Wall Street's major averages look for direction on Friday, as the U.S.-China trade war seemed to heat up, with China further retaliating against President Donald Trump's tariffs. Early on and the S&P 500 (SP500) was near even,

The editorial board of the Wall Street Journal is questioning whether President Trump has a clear agenda on trade as the tariff war with China heats up. “The reality is that Mr. Trump is