India, June 10 -- U.S. stocks are turning in a mixed performance in lackluster trade on Tuesday as traders await the outcome of the ongoing trade talks between China and the U.S. in London.

Trade negotiations between the world's two largest economies commenced on Monday, and no big breakthrough seems to have been arrived as yet.

U.S. Commerce Secretary Howard Lutnick told reporters the talks are "going well" and said he expects the negotiations to continue all day today.

A lack of major U.S. economic data is also keeping some traders on the sidelines as they look ahead to the release of crucial reports on consumer and producer price inflation in the coming days.

The major U.S. averages are all moving in a narrow range. The Dow was up 7....