Wall Street is coming off a week that saw the Nasdaq Composite notch two consecutive records at its end. The S&P 500, meanwhile, just missed a record close on Friday. Tech stocks

At market close, the Shanghai Composite index rose 0.3 percent to 3,647.55, the highest such close since Dec 16, 2021. The blue-chip CSI300 index was up 0.4 percent. Market participants widely expect another extension of the August 12 trade truce deadline following earlier talks in Stockholm.