U.S. stock futures point to a flat open after a generally positive start to the week that has seen the broad S&P 500 index turn positive on the year.

U.S. stock index futures were flat on Wednesday, following a strong start to the week when a soft inflation reading and a U.S.-China trade truce lifted sentiment, with focus now on more developments around more trade deals.

Treasury Secretary Scott Bessent said the U.S. delegation made “substantial progress” in discussions with their Chinese counterparts, promising a complete briefing Monday morning.