US futures point to higher open as US-China trade talks resume

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US futures point to higher open as US-China trade talks resume
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High-level negotiators from the U.S. and China resumed trade talks in Washington on Thursday, following a week of rising tensions.

High-level negotiators from the U.S. and China resumed trade talks in Washington on Thursday, following a week of rising tensions between the world's two largest economies.of American negotiators during Thursday's discussions. Chinese Vice Premier Liu He led the delegation from Beijing.

Trump gave an optimistic read of the day's discussions, stirring hopes among investors that both sides could come to some form of an agreement. However, if no progress is made in bilateral trade negotiations this week, Trump has said tariffs on Chinese imports will increase on October 15. On the data front, import prices for September will be released at around 8:30 a.m. ET, with consumer sentiment figures for October set to follow slightly later in the session.

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