Futures Fueled By Trade Optimism

(Reuters) - U.S. stock index futures climbed on Wednesday on expectations of a breakthrough in U.S.-China trade talks at the upcoming G20 Summit, while investors looked forward to Fed Chairman Jerome Powell’s speech for clues on the path of interest rate hikes. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 24, 2018. REUTERS/Brendan McDermid/File Photo While President Donald Trump talked tough on the trade tariffs issue ahead of a high-stakes meeting with China’s President Xi Jinping later this week, White House economic adviser Larry Kudlow on Tuesday held open the possibility that the two countries would reach a trade deal. Boeing gained 1 percent and Caterpillar 0.4 percent.