(Reuters) -U.S. stock index futures jumped to record highs on Monday as expectations of a trade deal between China and the United States fanned risk appetite in a week packed with Big Tech earnings and a potential interest-rate cut from the Federal Reserve.

At 04:33 a.m. ET, Dow E-minis were up 256 points, or 0.54%, S&P 500 E-minis were up 50.25 points, or 0.74%, and Nasdaq 100 E-minis were up 264.75 points, or 1.04%.

Negotiators from the world’s top two economies on Sunday outlined the framework for a deal to pause steeper American tariffs and Chinese rare earths export controls, ahead of a Thursday meeting between President Donald Trump and China’s Xi Jinping.

U.S.-listed shares of Chinese companies gained in premarket trading. Alibaba Group Holding and JD.com gained more than 2.3% ea

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