Investor interest in rare earth minerals is rising, a source of strength for shares in the rare earth miner MP Materials. The stock rose early on Friday after jumping late Thursday following a Bloomberg report that the Defense Department might provide additional capital to boost production.

Asian equities were lower overnight as Israel’s preemptive strike on Iran sent oil higher as the US dollar appreciated versus local currencies.

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.

U.S. stocks drifted just below their all-time high as the wait continues to hear what will come of trade talks underway between the United States and China.

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

US stocks edged higher on Tuesday as renewed US-China trade talks entered their second day after an upbeat initial meeting. Both the S&P 500 and Nasdaq are now within striking distance of their all-time closing highs — 6,

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.

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.