U.S. stocks drifted just below their all-time high as the wait continues to hear what will come of trade talks underway between the United States and China.

U.S. trade talks in London that could have a huge impact on the global economy. Futures for the S&P 500 and the Nasdaq each inched up 0.1% before the bell Tuesday, while futures for the Dow Jones Industrial Average were essentially flat.

U.S. stocks are drifting closer to their records on Monday as the world’s two largest economies begin talks on trade that could help avoid a recession. The S&P 500 was 0.3% higher in late trading. The Dow Jones Industrial Average was up 93 points,