Asian shares rallied and U.S. futures jumped Monday, with Japan’s benchmark Nikkei 225 topping 50,000 for the first time. Work on trade deals that might alleviate friction between the U.S., China and other major trading partners contributed to upbeat sentiment as U.

China expanded its free trade pact with a group of Southeast Asian nations, deepening its economic ties with the region.

Trump meets Japan's new, first female prime minister, and they sign a bilateral trade deal before going together to greet troops on the USS George Washington.

President Trump met with new Japanese Prime Minister Sanae Takaichi on Tuesday, just days after she took office.

Both governments released a list of projects in the areas of energy, artificial intelligence and critical minerals in which Japanese companies are eyeing investments of up to $400 billion in the U.S.