Treasury Secretary Scott Bessent offered rough outlines of an agreement that include China easing rare earth export restrictions and buying “significant” amounts of U.S. soybeans in exchange for President Donald Trump removing his threat of adding 100% tariffs on China.

The Fear & Greed Index showed lower fear, Dow surged 300 pts., US & China had successful trade talks, markets cheered.

U.S. stocks were attempting fresh record highs on Monday, kicking off a week that will see Big-Tech earnings and a Fed rate decision.

Major stock indexes rose Thursday, as investors digested the latest batch of corporate earnings and China trade news.

US stock futures extended their rally on October 26, driven by investor optimism over anticipated Federal Reserve interest rate cuts and easing US-China trade tensions. Major indexes climbed, with technology stocks leading gains ahead of key earnings reports.

The company posted a net loss of $0.19 a share on an adjusted basis, narrower than analysts’ projected loss of $0.30 a share, according to consensus estimates. Revenue totaled $9.97 billion, falling short of the expected $10.23 billion and down 8% from the year-ago period amid lower prices and softer demand across all operating segments.

Stock futures pointed sharply higher Monday, led by chipmaker and tech shares, on optimism that the U.S. and China would strike a trade deal, with President Donald Trump and Chinese leader Xi Jinping set to meet later this week.