Stocks were holding onto sizable gains Wednesday as many investors cheered the possibility trade talks between the United States might at least start. At the same time, President Trump's announcement he wouldn't try to remove Federal Reserve Chairman Jerome Powell cheered the market,

Investors prepared for another week of developments on President Trump's fast-moving tariff policies and for the kickoff of Big Tech earnings reports.

After a strong rally on Tuesday, where benchmark indices on Wall Street recovered everything they lost on Monday, futures are surging as well, indicating a continuation of the upmove. The Dow futures are up 650 points,