U.S. stocks drift and Chinese markets rise as trade talks start

News Snapshot:

NEW YORK — U.S. stocks drifted through a quiet Monday as the world’s two largest economies began talks on trade that could help avoid a recession. The S&P 500 edged up by 0.1 per cent and is within 2.3 per cent of its record, which was set in February. The Dow Jones Industrial Average slipped by 1 point, which is well below 0.1 per cent, and the Nasdaq composite added 0.3 per cent. Officials from the United States and China met in London to talk about a range of different disputes that are separating them. The hope is that they...