U.S. negotiators say the London summit represented progress. But investors and business leaders remain wary.

By Andrew Ross SorkinBernhard WarnerSarah KesslerMichael J. de la Merced and Danielle Kaye

We are hearing that the trade talks with China may be bearing fruit — or at least aren’t at an impasse. We’ve heard positive spin before, so we will wait to hear whether both sides say the same thing before any sort of victory can be declared.

We’re also watching key C.P.I. data on Wednesday. And we’re examining new challenges to the latest trend in finance: funds sponsored by private equity that target retail investors. Good luck!

For the second time in recent weeks, U.S. negotiators are hailing a truce in the Trump administration’s trade clash with China after marathon talks in London wrapped up on Tuesday.