U.S. stock indexes closed higher on Tuesday, led by gains in Nvidia and other semiconductor stocks, as investors awaited potential trade negotiations between the United States and its trading partners for greater clarity on Washington's tariff plans. Nvidia shares rose 2.8% to 3.1%, helping the information technology sector advance, while Broadcom also reached a record high with a 2.1% to 2.4% gain. The S&P 500 ended up 0.6%, the Nasdaq gained 0.8%—putting it back in positive territory for 2025—and the Dow Jones Industrial Average rose 0.5%. The S&P 500 remains about 3% from its record peak set in February. A U.S. Labor Department report showed job openings increased to 7.391 million in April, though layoffs also picked up, indicating a slowing labor market. Factory orders dropped 3.7% in April after a 3.4% increase in March. Other notable stock moves included Dollar General rising 13.3% after raising its annual sales forecast, Constellation Energy gaining 0.7% following a power agreement with Meta, and Kenvue falling nearly 7% as the company reported retailer destocking due to tariff uncertainty. Pinterest rose 4.7% after a JPMorgan upgrade, while Reddit shares fell after a reported outage. President Donald Trump and Chinese leader Xi Jinping are scheduled to speak this week, as the Trump administration seeks to accelerate trade talks with multiple partners ahead of a five-week deadline. Trump has accused China of violating an agreement to reduce tariffs and announced plans to double tariffs on steel and aluminum imports to 50%. In Asia, Tokyo stocks opened higher on Wednesday, buoyed by gains in semiconductor-related shares following the overnight rally in U.S. chip stocks. Advancing issues outnumbered decliners on both the NYSE and Nasdaq.