Stock futures rose Sunday after Treasury Secretary Scott Bessent said “substantial progress” was made in trade negotiations with Chinese officials, potentially thawing tensions kickstarted by Trump’s escalating tariff policy.

In a sign of investor relief that the worst of a U.S.-China trade war might be averted, U.S. stock futures rose on Sunday evening. The S&P 500 E-minis rose 1.3%, while Nasdaq futures added 1.6%.

(Reuters) -Futures for Canada's main stock index surged on Monday, after the United States and China agreed to temporarily slash reciprocal tariffs, bolstering investor optimism and easing fears of an all-out trade war unsettling global markets.