(Adds background on trade talks and stock market)

May 6 - U.S. stock futures rose late on Tuesday after it

was announced that Treasury Secretary Scott Bessent and U.S.

Trade Representative Jamieson Greer would meet with China's top

economic official later this week in Switzerland.

S&P 500 and Nasdaq futures were up about 1%,

signaling that traders expect Wall Street to open higher on

Wednesday morning, the latest sharp move in several weeks of

uncertainty related to President Donald Trump's global trade

war.

The U.S.

Trade

Representative's office and Treasury said

Greer and Bessent

would travel together to Geneva on May 8 and would also

meet with Swiss President Karin Ketter-Sutter to discuss

negotiations over reciprocal

trade

.

In Tuesday's trading session on Wall Street, the S&P 500

and Nasdaq

lost ground

after comments from Trump provided little clarity about the

timeline for any trade deals.

Stocks have been volatile since Trump announced his first

round of tariffs on April 2, with the S&P 500 initially dropping

nearly 15%, only to stabilize and briefly recover to levels from

before the tariffs were announced.