Wall Street was poised to open with gains Friday after China’s Commerce Ministry said Beijing is evaluating overtures from the U.S. regarding President Donald Trump’s tariffs. Futures for the S&P 500 gained 0.

European and Asian markets rose on Friday, tracking Wall Street gains, as China said it was considering a US offer to negotiate steep tariffs.

Officials in Beijing said they want Washington to “show sincerity,” as it evaluates purported overtures by the U.S. to start trade negotiations.

That is how much tariffs will add to Apple's costs this quarter, assuming existing policies remain in place, said Chief Executive Tim Cook. He forecast the hit could worsen further ahead. Shares in the iPhone maker fell nearly 3% in premarket trading.

Key Takeaways Apple shares slid Friday amid worries about tariffs after CEO Tim Cook said they could cost the company $900 million this quarter.Wedbush said Apple's shift toward importing iPhones from India could help the company navigate the "tariff tornado.

Apple shares fell more than 4 percent in early trading Friday as investors weighed an outlook for the iPhone maker that’s clouded by tariffs. The company’s fiscal second-quarter results came in ahead of analyst estimates,