Skechers U.S.A., the shoe and apparel company, pulled its financial forecasts for the year due to “macroeconomic uncertainty stemming from global trade policies” even though it just reported a record quarter of revenue at $2.41 billion. Its stock fell 4.3%.

U.S. stock index futures slipped on Friday as uncertainty remained high on the U.S.-China trade front despite signs of a possible softening in Beijing's stance. Meanwhile, shares of Google-parent Alphabet leapt 4.

Stock index futures reversed course on Friday, as U.S.-China trade and President Donald Trump's tariff policies remained in focus . S&P 500 futures (SPX) -0.2%, Nasdaq 100 futures (US100:IND) -0.3%, and Dow futures (INDU) -0.