As the US and China came to an agreement to lower tariffs sharply this week, trade war uncertainty has, for now, subsided. But Wall Street has a new question for President Donald Trump: What about tax cuts?

JP Morgan Chase CEO Jamie Dimon thinks fallout from Trump’s tariff moves could still cause a recession. “Hopefully we’ll avoid it, but I wouldn’t take it off the table at this point,” Dimon said in a Bloomberg Television interview Thursday.

The Wall Street Journal’s conservative editorial board continued with its needling of Donald Trump on Wednesday, this time explaining in a scathing article why it believes the president’s planned expansion of drug price controls should be a no-go.

Wall Street's main indexes opened higher on Friday, building on this week's gains fueled by a U.S.-China tariff truce and tamer inflation data, while a vote on President Donald Trump's sweeping tax legislation was also in focus.

U.S. stocks rose again to close out their winning week. The S&P 500 climbed 0.7% Friday for a fifth straight gain and pulled within 3% of its record set in February.

Wall Street is heading toward the finish of a strong, potentially perfect week as U.S. stocks on Friday drift close to the all-time high they set just a few months earlier, though it may feel like an economic era ago.