Asian stocks rose Wednesday, having opened on a cautiously optimistic note after Chinese and U.S. negotiators reached a framework aimed at putting their trade truce back on track.

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.

The stock markets dropped on Wednesday despite a seemingly positive development in the trade war between the U.S. and China alongside a better-than-expected inflation report for May. The S&P 500 dipped 0.27%, the Nasdaq fell 0.50%, and the Dow Jones closed the day essentially flat.

China plans to remove tariffs on all imports from almost all African countries, expanding an arrangement that previously covered only those deemed the least developed as Beijing seeks to strengthen economic ties with more partners amid a trade war with the US.

US stocks (^DJI, ^IXIC, ^GSPC) eased off the gas and closed Wednesday's session slightly in the red after May's Consumer Price Index (PPI) indicated inflation to be cooling. Yahoo Finance senior markets reporter Josh Schafer examines the trading day's biggest themes and catalysts for equities,

Semiconductor stocks rose Monday as a White House official indicated restrictions on chip exports to China could be lessened through trade talks taking place in London.

Global shares are mixed as investors focus on the result of the ongoing trade talks between Washington and Beijing

Shares of Oxford Industries were falling Thursday after the company slashed its fiscal-year outlook due to increased tariff costs, leading analysts to caution investors about the challenging economic environment.