Futures on Wall Street have seen a sharp surge on Sunday evening US time, after the Trump administration and China, both cited "substantial progress" on trade talks that took place over the weekend in Geneva,

Early gains were broad-based on the stock market today. A trade deal between the U.S. and Britain soothed fears. Robinhood broke out.

New details are emerging on President Trump's trade deal with the United Kingdom, which was announced yesterday, and turns out to be more of a "framework" for a deal, rather than an actual deal per se.