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

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.

Trade talks between the US and China kicked off in London, with the US signaling a willingness to remove restrictions on some tech exports in exchange for assurances that China is easing limits on rare earth shipments.