U.S. stock index futures rose on Friday, keeping Wall Street on track to end the week on a positive note, marked by a U.S.-China tariff truce and soft inflation data, while investors focused on a likely vote on President Donald Trump's sweeping tax bill.

Stock futures rose Sunday after Treasury Secretary Scott Bessent said “substantial progress” was made in trade negotiations with Chinese officials, potentially thawing tensions kickstarted by Trump’s escalating tariff policy.

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%.