Yesterday, Fed Chair Jerome Powell observed that the U.S. economy is in a "good place" but also hinted that he wouldn't get too worked up if inflation edged above the central bank's 2% target. "We believe both views will be challenged in autumn by higher wage growth & Asian economic slowdown; hence summer rally will need to be sold." McDonald's (MCD) is down after the Illinois Department of Public Health said it was investigating a potential case of food-borne illness linked to the restaurant's salads.