US stocks closed higher as investors wait for news from another day of China-US trade talks in London. Key inflation data are also ahead.

U.S. stocks drifted just below their all-time high as the wait continues to hear what will come of trade talks underway between the United States and China.

SINGAPORE (Reuters) - Stocks were buoyant and the dollar remained on guard on Tuesday as trade talks between the United States and China were set to extend to a second day, with tentative signs tensions between the world's two largest economies could be easing.

Chinese tech stocks and shares of rare-earth companies gained ahead of a meeting between Chinese and U.S. officials that is spurring hopes for a trade deal. Shares of Hong Kong-listed technology companies rose,

NEW YORK (AP) — U.S. stocks are nearly stuck in place on Monday as the world’s two largest economies begin talks on trade that could help avoid a recession. The S&P 500 was down 0.1% in early trading. The Dow Jones Industrial Average was down 107 points, or 0.3%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.1% higher.

Depressed margins and relatively low valuations mean the UK market could rally strongly as conditions improve, says Cris Sholto Heaton.

European shares closed little changed on Tuesday in cautious trade as investors awaited the outcome of the second day of U.S.-China trade talks in London.

Shares of Oxford Industries were falling Thursday after the company slashed its fiscal-year outlook due to increased tariff costs, leading analysts to caution investors about the challenging economic environment.