Luke Vargas

Given that, how do you weight US equities after what we've just been through? Investors hearing that boardrooms are dumbstruck doesn't exactly inspire a ton of confidence if they don't know what the future holds.

Given that, how do you weight US equities after what we've just been through? Investors hearing that boardrooms are dumbstruck doesn't exactly inspire a ton of confidence if they don't know what the future holds.

All right, kind of a return to investing basics there in an environment in which it seems like emotions are running pretty high among investors. Folks maybe had to sell positions at a loss in recent days, feeling like, The bottom was about to fall out and now maybe regretting that decision.

All right, kind of a return to investing basics there in an environment in which it seems like emotions are running pretty high among investors. Folks maybe had to sell positions at a loss in recent days, feeling like, The bottom was about to fall out and now maybe regretting that decision.

Others frustrated maybe that they didn't get in on Wednesday's rally and, I don't know, looking for other moments to strike.

Others frustrated maybe that they didn't get in on Wednesday's rally and, I don't know, looking for other moments to strike.

Ed Smith is the co-chief investment officer at Rathbones Investment Management. Ed, thank you so much for being with us on What's News. My pleasure. And a heads up before we go, an earlier version of this show made reference to 150% tariffs on China. As of this morning, U.S. tariffs on China stand at 145 percent. And that's it for What's News for this Friday morning.

Ed Smith is the co-chief investment officer at Rathbones Investment Management. Ed, thank you so much for being with us on What's News. My pleasure. And a heads up before we go, an earlier version of this show made reference to 150% tariffs on China. As of this morning, U.S. tariffs on China stand at 145 percent. And that's it for What's News for this Friday morning.

Today's show was produced by Kate Bullivant. Our supervising producer was Daniel Bach. And I'm Luke Vargas for The Wall Street Journal. We will be back tonight with a new show. Otherwise, have a great weekend. Thanks for listening.

Today's show was produced by Kate Bullivant. Our supervising producer was Daniel Bach. And I'm Luke Vargas for The Wall Street Journal. We will be back tonight with a new show. Otherwise, have a great weekend. Thanks for listening.

Relief for global markets after President Trump blinks on tariffs. Though for China, it's full steam ahead toward a trade war.

Relief for global markets after President Trump blinks on tariffs. Though for China, it's full steam ahead toward a trade war.

Plus, the U.S. and Russia complete a prisoner swap. And our Ukraine editor shares an exclusive glimpse into Ukrainian intelligence on the extent of Beijing's involvement in the war. It's Thursday, April 10th. I'm Luke Vargas for The Wall Street Journal. And here is the AM edition of What's News, the top headlines and business stories moving your world today.

Plus, the U.S. and Russia complete a prisoner swap. And our Ukraine editor shares an exclusive glimpse into Ukrainian intelligence on the extent of Beijing's involvement in the war. It's Thursday, April 10th. I'm Luke Vargas for The Wall Street Journal. And here is the AM edition of What's News, the top headlines and business stories moving your world today.

Investors around the world are breathing a sigh of relief after President Trump announced a 90-day pause on so-called reciprocal tariffs yesterday, an abrupt change in direction that followed what had been simultaneous declines in equities, bonds and the dollar.

Investors around the world are breathing a sigh of relief after President Trump announced a 90-day pause on so-called reciprocal tariffs yesterday, an abrupt change in direction that followed what had been simultaneous declines in equities, bonds and the dollar.

Journal markets editor Katie Barnato says almost all international exchanges are rising today, though there's also an undertone of skepticism.

Journal markets editor Katie Barnato says almost all international exchanges are rising today, though there's also an undertone of skepticism.

Well, while reciprocal tariffs for much of the world have been put on the back burner for now, Washington's trade war with Beijing is getting hotter by the day. And here with a look at China's options going forward, I'm joined by our China bureau chief, Jonathan Chang.

Well, while reciprocal tariffs for much of the world have been put on the back burner for now, Washington's trade war with Beijing is getting hotter by the day. And here with a look at China's options going forward, I'm joined by our China bureau chief, Jonathan Chang.