The Dow, S&P 500 and Nasdaq Composite are making a run for the third straight day of gains as President Trump weighs taking a lighter approach to tariffs with China and potentially the automakers. On the earnings front,

What goes up must come back down, with a little help from China. The South China Morning Post reports this morning that, Mr. Trump's comments yesterday notwithstanding, there are no negotiations going on with the Trump Administration regarding lowering tariffs between the two countries.

Trump pushed back on China after Beijing's foreign ministry called the administration's assertions that tariff talks are happening "fake news."