U.S. stocks are drifting higher as Wall Street heads toward the end of an unusually quiet week. The S&P 500 rose 0.4% Friday and was on track to erase its small loss for the week.

U.S. stocks rose on Thursday as investors cheered a new trade agreement hammered out between the United States and Britain, while U.S. President Donald Trump signaled upcoming talks with China would be more substantial than initially thought.

Shares are mixed in Asia as investors pin their hopes on weekend trade talks between China and the U.S. U.S. futures and oil prices logged modest gains