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Here's your midday brief for Tuesday, April 8th. I'm Anthony Bansy for the Wall Street Journal.

Investors took to heart some signs the U.S. could strike deals with major trading partners,

even after Beijing said it was prepared for a prolonged battle over tariffs.

Major U.S. indexes advanced more than 2% this morning, with the Dow rising 900 points.

U.S. stocks rose sharply after Treasury Secretary Scott

Bessent said the Trump administration was open to reducing tariffs and could end up with some

good deals. Later, U.S. Trade Representative Jameson Greer said Trump won't provide tariff

exemptions for individual products or companies. President Trump said he's taken a call with South

Korea's acting president, Handuk Su. In a post on truth social, Trump said South Korea and others are

ready to trade deals and said South Korea was sending a team to the U.S. to negotiate. Panama's top

auditor has said that the Hong Kong-based C.K. Hutchinson owns hundreds of millions of dollars in

unpaid fees and failed to get the necessary clearance for two key Panama Canal ports.

The findings have dealt a blow to plans by U.S. asset manager BlackRock to buy the ports

as part of a $22.9 billion transaction.

And Ukraine said today, its military has captured two Chinese citizens

...