Global stocks and the dollar held steady on Tuesday as trade talks between the United States and China continued into a second day, giving investors some reason to believe tensions between the world's two largest economies may be easing.

The dollar was staring at yet another daily loss as the U.S. and China were set to kick off a fresh round of trade talks in London. The U.S. Dollar Index, which measures the value of the dollar agains

Global stocks climbed on Monday while the dollar retreated as talks began in London between the US and China, aimed at cooling a trade dispute between the world’s two largest economies. The dispute has expanded beyond tit-for-tat tariffs to restrictions over rare earths,