US stock index futures were higher on Tuesday morning, and market participants expect a new set of trade talks to help resolve a dispute between the two largest economies in the world.
The market approach is largely in tune with developments in global trade, with the United States and China trying to reach an agreement before the early March deadline.
Both sides expressed hopes that the new round of negotiations, which began on Monday in Beijing, will bring them closer to a comprehensive trade agreement.
The trade dispute has already begun to affect global growth, as investors are concerned that a prolonged dispute may soon seriously harm corporate profits.
Meanwhile, market confidence increased amid the news that US lawmakers. UU They had reached a tentative agreement on the financing of border security on Monday.
The written agreement, which according to Congress attendees did not contain funds for the border wall of President Donald Trump, could help prevent another partial closure of the government from Saturday.
In corporate news, Nissan, Under Armor and Shopify are among the top companies that are expected to report their latest quarterly results before the opening bell. Occidental Petroleum, Activision Blizzard and TripAdvisor must post their earnings after the market closes.
On the data front, the NFIB Small Business Optimism Index for January is expected to be published around 6:00 a.m. ET. Later in the session, the figures for job vacancies and the Labor Change Survey (JOLTS) for December will be published.