Good morning. US stocks continued their multi-day rally yesterday, despite Beijing declaring trade negotiations would not begin until the US removed Donald Trump’s so-called “liberation day” tariffs. Hope is a hard thing to stamp out. Email us: robert.armstrong@ft.com and aiden.reiter@ft.com.
Markets since ‘liberation day’
Markets are back to where they were on April 3, the morning after President Donald Trump announced his “liberation day” tariffs. We may be back to where we started, but the ride has been brutal, with every market move driven by news coming out of the White House:
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