Stocks were mostly higher Monday as market participants awaited further details of the latest trade talks between the United States and China. Investors were also tuned into Apple's (AAPL  ) 2025 World Developers Conference for more insights on the tech giant's artificial intelligence plans.

The Dow Jones Industrial Average (DIA  ) slipped below the flatline after rising nearly 100 points earlier in the session, while the S&P 500 Index (SPY  ) and Nasdaq Composite (QQQ  ) added about 0.1% and 0.3%, respectively.

Trade officials from Beijing and Washington met in London on Monday in effort to cooldown some ongoing tensions between the two global superpowers. The talks follow President Donald Trump and President Xi Jinping's phone call last week to resolve the beginnings of a trade war as both sides accuse each other of violating the tentative agreement the nation's made in Geneva back in May.

Apple was also in the spotlight on Monday as the tech giant kicked off its annual developers conference in Cupertino, California. Key highlights from the event include its latest operating system iOS 26 -- with iPhone getting its first major redesign since 2013 called "Liquid Glass" -- enhancements to its Image Playground tool in partnership with OpenAI, and a slew of video, gaming and enterprise features for its Vision Pro augmented reality headset.

Wall Street is coming off of its second-straight week of gains on Monday, with the S&P 500 closing above 6,000 for the first time since Feb. 21 on Friday, bringing the broader market index less than 3% away from it's all-time closing high.

The week ahead is expected to influence that growth momentum as traders assess the potential impacts of Trump's tariff through the latest inflation data ahead of the Federal Reserve's next policy meeting June 17-18. Key readings include the consumer price index on Wednesday, alongside the producer price index and the University of Michigan's consumer sentiment report on Friday.

New data from the New York Fed suggests that Americans are growing more optimistic towards the economy and labor market even as macroeconomic outlooks remain unsteady. The district's May 2025 Survey of Consumer Expectations released Monday showed one-year, three-year and five-year inflation expectations decreasing to 32%, 3.0% and 2.6%, respectively. The survey's unemployment expectations -- which measures the probability that the U.S. unemployment rate will be higher one year from now -- fell by 3.3 percentage points to 40.8%, while the perceived probability of job loss in the next twelve months decreased to 14.8%.

In corporate news, Warner Bros. Discovery (WBD  ) announced Monday it plans to split into two public companies, by the middle of next year. Chief Executive Officer David Zaslav will lead the streaming and studios company, which will include the entertainment giant's movie properties and streaming service HBO Max. Current Chief Financial Officer Gunnar Wiedenfels will in turn head the company's global networks business, which includes CNN, TNT Sports and Discovery.

"By operations as two distinct and optimized companies in the future, we are empowering these iconic brands with the sharper focus and strategic flexibility they need to compete most effectively in today's evolving media landscape," Zaslav said in a release.

Rival Comcast's (CMCSA  ) NBCUniversal is currently in the process of a similar split of its cable networks into a new publicly traded company called Versant, the company announced last month, as the industry adapts to the loss of cable customers in the age of streaming.