US stocks drift and Chinese markets rise as trade talks start between the world’s largest economies

By STAN CHOE, Associated Press Business Writer

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.

Officials from the United States and China are meeting in London to talk about a range of different disputes that are separating them.