US STOCKS-Wall St set to open lower after China’s tough talk on trade

Wall Street was set to break a three-day winning streak on Friday, as trade worries returned after Chinese media took a hard stance on the tariff dispute between the United States and China. The trade war will only make China stronger and will never bring the country to its knees, the ruling Communist Party’s People’s Daily wrote in a front-page commentary. The two sides are expected to meet in China to resume talks soon.