Key Takeaways U.S. and China officials met in London Monday to defuse the trade war between the world's two largest economies.A key issue will be China's restrictions on exporting rare earth minerals,

Private market funds have been underperforming, according to State Street’s latest private equity index, The Financial Times reports. The index, which tracks cash flows from private equity, private debt and venture capital funds, returned 7.08 percent last year, versus the S&P 500’s total return of 25 percent.