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Happy Friday. Stock futures edged higher and oil prices were lower as investors monitored a series of macroeconomic and geopolitical issues.

President Donald Trump, Chinese leader Xi Jinping and their spouses will gather for a tea session Friday, CNN reported. They will also visit the National Archives in Washington, D.C., on the final day of Xi’s U.S. state visit.

On Thursday, Trump hosted a state dinner at the White House. Top U.S. tech executives, including Nvidia’s (NVDA) Jensen Huang and Tesla (TSLA) CEO Elon Musk, were seen at the event.

Trump said the U.S. and China should “continue to build a relationship that promotes prosperity and security.” Xi said he wants to forge a relationship defined by “strategic stability” and called on the two sides to “act as responsible major countries.”

Stocks ended mixed Thursday as investors weighed rising bond yields and crude oil prices against potential geopolitical developments.

The 10-year Treasury yield hit 5.225% during the session, its highest level since 2007, while the 30-year yield reached 5.502%, its highest level since 2004.

“Geopolitical risk and bond market volatility continues to roil markets, although Wall Street remains remarkably resilient amidst the tumult,” Kyle Rodda, senior financial market analyst at Capital.com, said.

“Crude prices jumped higher again, retracing recent declines as the war carries on in the Middle East and as fears grow of wider and deeper supply disruptions.”

Meanwhile, Rodda said bond markets continue to record milestones, with long-end rates hitting fresh multi-decade highs as the combination of accommodative macro-policy, an investment boom in AI and a variety of supply shocks force investors to demand greater compensation on long-duration government paper.

“Ultimately, investors are swimming in three major cross currents: solid demand and robust corporate profits (at least in heavyweight sectors on Wall Street), geopolitical risk and monetary policy uncertainty,” he said.

“Corporate profitability is providing the floor supporting the market while geopolitical and policy uncertainty are creating a ceiling.”