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. stocks rallied further as better-than-expected profits for U.S. companies piled up, though CEOs say they’re unsure whether it will last because of uncertainty created by President Donald Trump’s trade war.

Asian markets are higher early Friday after Wall Street’s rally streaks for the 3rd day, driven by listed companies’ strong financial performance and hopes for the Fed to cut rates