From Bloomberg

• "US equity futures edged lower at the end of a week dominated by headlines on trade tariffs and Ukraine peace efforts, a slew of earnings and more evidence of stubborn inflation.

• S&P 500 contracts slipped 0.2%, signaling a modest retreat from Thursday’s near-record close. Palo Alto Networks Inc. fell 6.1% in premarket after a disappointing earnings forecast. Airbnb Inc. jumped after beating expectations. Luxury stocks were a bright spot in Europe as Hermès rallied to a record after its holiday-season sales surged. 

• After President Donald Trump proposed reciprocal tariffs on US trading partners, investors are taking some comfort from speculation that negotiations may blunt their eventual impact. Meanwhile, strategists at Bank of America Corp. said faster inflation in the US could actually prove positive for markets because it will force Trump to adopt less severe tariffs. 

• Wednesday’s hotter-than-forecast consumer price index reading prompted a brief pullback in stocks and bonds, but the price pressures are a “blessing in disguise,” BofA’s Michael Hartnett said in a note. They mean “Trump must go small not big on tariffs and immigration in coming months to avoid fanning a second wave of inflation.”"