Investors were optimistic after American officials touted progress in trade negotiations over the weekend, though details had yet to be released.

Wall Street stock futures jumped and the dollar firmed against safe haven peers on Monday as signs of progress in U.S.-China trade talks boosted hopes a global recession might be avoided, though details of any deal were still to come.

U.S. stocks finished the week virtually unchanged Friday, a rare respite from the turbulence that has roiled markets since President Trump unveiled global tariffs in early April. The Trump administration announced a trade deal with the U.