Here's everything you need to know before Friday's opening bell:
- China said it will place tariffs on U.S. imports in response to President Trump's tariff.
- Nike (NKE) jumped premarket after its fiscal third-quarter sales and adjusted earnings topped Wall Street forecasts.
- Shares of Dropbox were priced at $21 each, above the projected range of $18 to $20.
- Shares of Micron (MU) appeared to fall do to profit-taking.
- U.S. stock futures moved lower on fears of a trade war.