US markets edged higher as investors weighed data showing moderate inflation and the latest signs of caution from global central banks. - Dow edged +7-points higher. The broader S&P500 added +0.35%, The technology-centric NASDAQ outperformed with a +0.69% advance. Costco Wholesale Corp fell ~1.4% in extended trading after the company posted softer-than-expected sales data for March. Lyft Inc tumbled -6.97% as futher details emerged around Uber Technologies Inc's plans for an initial public offering (IPO), with The Wall Street Journal saying that the company is now aiming for a valuation of as much as US$100B - below previous expectations after Lyft stumbled in its early days of trading as a public company. On the US-China trade front, Treasury Secretary Steven Mnuchin told CNBC that the two countries have “pretty much agreed on an enforcement mechanism ” for when a deal is struck.
