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,

Futures for the Dow Jones Industrial Average and other major stock indexes rose, as Wall Street awaited results from U.S.-China trade talks Monday. Meanwhile, TeslaTSLA skidded on an analyst downgrade on the stock market today.

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