US stock futures traded flat after a mostly upbeat day on Wall Street, driven by fresh signs President Trump is aiming to strike a trade deal with China.

U.S. stocks ended the Wednesday session higher after President Donald Trump was seen dialing back his rhetoric on the Federal Reserve and China trade.

U.S. stock futures point to a lower open, a day after stocks rallied on hopes of a thaw in the U.S.-China trade war and that Fed Chairman Jerome Powell will get to keep his job.

Stock markets were mostly lower on Thursday as China poured cold water on US President Donald Trump's comments talking up the prospects of a deal to end their trade war.