The market has taken solace in comments that the world’s two largest economies are still talking to each other. The results form a bright spot for the U.S. consumer a day after data showed U.S. retail sales were lower than expected. Boeing (BA) also helped move the market higher, rising more than 2.3% as it said it has finished a software update for its 737 Max. And despite a tight labor market, wages haven’t contributed to significantly higher inflation. While consumer inflation could come from tariffs, that could evaporate quickly if the U.S. and China reach a deal.

Source: Forbes May 17, 2019 13:41 UTC