Federal Reserve Chair Jerome Powell faces pressure from President Trump to cut interest rates, but unlikely to comply. Markets await Powell’s tone on rates. Dow Jones flat, S&P 500 and Nasdaq rising slightly. U.S. and China trade talks end without agreement on import levies. Trump to decide on tariff truce extension.

Read more at Barron’s: S&P 500 Recovering as Stock Futures Rise Ahead of Fed Rate Decision