Aside from the U.S.-China trade war, Brexit has been one of the biggest worries hanging over Wall Street. And secondly, the September numbers showed that retail sales still rose more than 4% year-over-year. Interestingly, the Consumer Discretionary sector was the S&P 500 Index’s (SPX) best performer Wednesday despite the retail sales data. Meanwhile, President Trump said he probably wouldn’t sign any trade deal before meeting with Chinese President Xi Jinping in Chile next month. But freight shipments stabilized, bankers in many districts reported moderately rising loan volumes, household spending was solid and non-auto retail sales increased modestly.

Source: Forbes October 17, 2019 13:30 UTC