Futures on Wall Street have jumped on Tuesday in anticipation of a positive outcome from the trade talks between the US and China that are currently ongoing in London. The first day of talks concluded at 8 PM London time,

U.S. stock futures slipped on Sunday, following a positive week for Wall Street and ahead of renewed trade talks with China set for Monday.

S&P 500 futures traded near the benchmark's record highs as talks provide a glimmer of hope for a US-China trade deal.