A newswire headline notes that top US and China diplomats are weighing their first meeting since the balloon incident. Given that 'indicted' was just a week ago, this isn't exactly a groundbreaking achievement. It also came at the same time U.S. Secretary of State Antony Blinken had a trip planned. This headline likely refers to the re-scheduling of that trip, which was something that was already hinted at.
In any case, the optimism today continues to ramp up with the S&P 500 now up 1% or 42 points to 4141.