Wall Street drifts closer to its record as trade talks start between the world’s largest economies

News Snapshot:

NEW YORK (AP) — U.S. stocks drifted closer to their record as the world’s two largest economies begin talks on trade that could help avoid a recession. The S&P 500 rose 0.1% Monday and is 2.3% below the record it reached in February. The Dow Jones Industrial Average was flat, and the Nasdaq composite rose 0.3%. Markets are waiting to hear what comes of trade talks between the United States and China taking place in London. Treasury yields slipped after a survey suggested consumers’ expectations for coming inflation eased. Chinese stocks rose, while indexes were mixed across the rest of...