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

Futures on Wall Street are trading with modest loses ahead of important talks on the trade front and some inflation data that will be reported over the close of the week. Futures on the Dow Jones are trading with losses of 70 points,

SP500 made an attempt to settle above the 6020 level as traders waited for the results of U.S. - China trade talks. NASDAQ moved higher as U.S. may relax curbs on tech exports to China if the deal is reached.