With Wall Street embracing another rally, some financial markets are trading like Donald Trump’s “Liberation Day” shock never happened. The S&P 500 jumped 3.3%, and the Nasdaq 100 Index pushed back into a bull market.

Treasury Secretary Scott Bessent said the details would be announced on Monday after two days of negotiations in Geneva.

Trade talks between the U.S. and China resumed in Switzerland on Sunday as President Trump took to social media to say "great progress" was being made. Trump said in a post late Saturday that the weekend talks were going well, with "many things discussed, much agreed to."