Stock futures are pointing to a slightly higher open for major indexes on Wednesday as the market looks to add to big recent gains.

Stocks are soaring Monday as investors cheer weekend talks that saw China and the U.S. agree to slash tariffs on each other for at least 90 days. Data indicate that institutions were already lagging behind the stock-market bounce that had seen the S&P 500 take back much of its post-April 2 selloff,

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%.

GENEVA — The United States and China have agreed to temporarily slash reciprocal tariffs in a deal that surpassed expectations as the world’s two biggest economies seek to end a damaging trade war that has stoked fears of recession and roiled financial markets.

Global stock markets were up—along with the dollar—with sentiment further buoyed by the prospect that the Trump administration will announce a trade-deal framework with the U.K.

U.S. stock-market futures leaned higher Friday heading into a weekend of trade talks with China. Dow Jones Industrial Average futures rose 25 points, or 0.1%, to 41493. S&P 500 futures gained 12 points,

Officials in Beijing said they want the Trump administration to “show sincerity,” as it evaluates efforts by the U.S. to start trade negotiations.

U.S. stock futures were higher on optimism around U.S.-China trade talks, while most European markets fell on EU tariff retaliation fears.