The US and Vietnam are closing in on a framework trade agreement, despite ongoing concerns about Chinese goods being rerouted through the Southeast Asian nation to avoid tariffs, according to people familiar with the talks.

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.

Major stock markets in the Gulf rose in early trade on Wednesday in line with Asian shares, on signs of progress in trade talks between the U.S. and China.

President Trump's officials have repeatedly said that they are nearing trade deals with a number of countries, without releasing specifics of most of them.

The European Union believes trade negotiations with the US to extend beyond President Donald Trump’s July 9 deadline, even as the speed of the talks has increased over the past week.

The CPI gives the latest update on consumer inflation, President Trump’s trade team is back from talks with China and Tesla CEO Elon Musk sets the stage for the debut of the long awaited robotaxis. FOX Business is providing real-time updates on the markets,

The dollar slipped against all major currencies on Monday, as exuberance over a better than feared U.S. employment report gave way to caution ahead of pivotal U.S.-China trade talks set to take place in London later in the day.