Wall Street set to open higher on trade optimism

The S&P 500 (.SPX) enjoyed its best one-day percentage gain in 10 days on Wednesday following U.S. President Donald Trump's upbeat comments on trade talks and Beijing's first major purchase of U.S. soybeans in months. Trading has been increasingly choppy in the past few days, with stocks testing their 2018 lows multiple times, amid a slew of headlines on topics ranging from China trade and a potential U.S. government shutdown to uncertainty around Brexit. "Market is going to be choppy surrounding the resolution of the trade talks until we see some clarity," said Andre Bakhos, managing director at New Vines Capital LLC in Bernardsville, New Jersey.

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