NEW YORK (AP) — U.S. stocks are drifting higher on Monday as the world’s two largest economies begin talks on trade that could help avoid a recession.

The S&P 500 rose 0.3% in afternoon trading. The Dow Jones Industrial Average was rose 100 points, or 0.2%, as of 2:05 p.m. Eastern time, and the Nasdaq composite was 0.4% higher.

Officials from the United States and China are meeting in London to talk about a range of different disputes that are separating them. The hope is that they can eventually reach a deal that will lower each’s punishing level of tariffs against the other, which are currently on pause , so that the flow of everything from tiny tech gadgets to enormous machinery can continue.

Hopes that President Donald Trump will lower his tariffs after reaching s

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