Stock futures advanced Wednesday as investors monitored the latest updates on U.S. trade negotiations and looked toward the Federal Reserve interest rate announcement expected later in the day. Dow Jones Industrial Average futures added 226 points, or 0.6%. S&P 500 futures popped 0.6%, along with Nasdaq 100 futures.

DoorDash, the ubiquitous U.S. food delivery app, has agreed to acquire British rival Deliveroo for 2.9 billion pounds ($3.9 billion) in cash, expanding its business in Europe, Asia and the Middle East.

On Saturday, longtime Berkshire Hathaway (BRK-B, BRK-A) CEO Warren Buffett said he plans to recommend to the company's board that Greg Abel take over at the end of the year.

China has said it's evaluating approaches from US officials to start negotiations about tariffs, a potential de-escalation in the trade war that has raised hopes that formal trade talks could start soon.

European auto giants reported a sharp drop in first-quarter profit, and many suspended or cut full-year financial guidance, partially attributing the industry pain to U.S. President Donald Trump’s trade tariffs.

On Wednesday, it was reported that China had quietly compiled a list of US-made goods exempt from its 125% tariffs, aiming to ease trade tensions without public concessions. Companies, particularly those reliant on US technologies—such as pharmaceuticals and chipmakers—are being discreetly informed about these exemptions.