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

The U.S. and China have resumed crucial tariff talks that have put the global economy on edge, but appeared to have diverging views of where the negotiations presently stand.

Trade discussions between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng ended after a day of prolonged negotiations and will resume Sunday, a source said.