U.S. stock indexes are nearly stuck in place as the world’s two largest economies begin talks on trade that could help avoid a recession.

US stocks flipped between small gains and losses early on Monday as investors awaited the outcome of crucial trade talks between Washington and Beijing in London.

U.S. and Chinese delegations are in the U.K. for talks aimed at patching up a fraying truce in an ongoing trade war between the world’s two biggest economies. The U.S. team—led by Treasury Se