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,

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

Wall Street's main indexes were mixed on Monday as investors watched a fresh round of U.S.-China negotiations aimed at mending a trade rift that has rattled financial markets for much of the year. Top officials from both countries have kicked off discussions at London's Lancaster House,