U.S. stock index futures rebounded on Wednesday as hopes of a de-escalation in trade tensions with Beijing firmed, while the Federal Reserve's ongoing monetary policy meeting remained in focus. Washington announced late on Tuesday that representatives of the two countries would meet over the weekend in Switzerland for ice-breaker trade discussions.

This article will be updated throughout the day, so check back often for more daily updates. President Trump will hold a press conference later this morning to announce a “full and comprehensive” trade agreement to be signed with the United Kingdom,