Markets on Wall Street leaned toward small losses early Friday as investors took in more corporate earnings while waiting for the government's January report on retail sales. Futures for the S&P 500 and Nasdaq each dipped 0.

The economy could be too strong for Trump's tariffs to derail the outlook for stocks, investors and economists told BI.

Wall Street edged back from its all-time high on Friday, as U.S. stock indexes drifted following mixed profit reports from big companies. The S&P 500 barely budged and slipped by less than 0.1%, a day after rallying within 0.