Two days of talks resulted in a “framework” that is intended to solidify terms of a deal the superpowers reached in Geneva last month.

US stock futures wavered as Wall Street digested the progress on US-China trade negotiations, a fresh legal ruling on President Trump tariffs, and braced for the release of the May inflation report.

Gold edged higher even after the US and China said they had agreed on a plan to ease trade tensions during talks in London.

Oil prices fell in early trade on Wednesday as markets were assessing the outcome of U.S.-China trade talks, yet to be reviewed by President Donald Trump, with weak oil demand from China and OPEC+ production increases weighing on the market.

One expert said he expected loosened controls on U.S. exports of semiconductors in exchange for China's releasing of more rare earths.

From day 1 of US-China trade talks to Chinese state media pouncing on chaos in Los Angeles, here’s a round-up from today’s coverage.