Wall Street stocks bounced back Friday following conciliatory signals from Washington towards Beijing on trade while worries about regional banks receded.

US President Donald Trump said in an interview with Fox Business that he will hold talks with China's Xi Jinping during the upcoming APEC summit in South Korea, a week after he threatened to call off the meeting.

Trump, who last week threatened large tariffs in response to Chinese rare-earth export controls, said in the interview that the higher tariffs were "not sustainable."

Investors also took a more sanguine view of regional banks after the sector was pummeled Thursday following disclosures from two mid-sized players of expected losses tied to problem loans.

But on Friday, those banks -- Salt Lake City-based Zions Bancorp and Pho

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