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Hey listeners, it's Saturday, April 12th. I'm Francesca Fontana for the Wall Street Journal, and this

is What's News and Markets, our look at the biggest stock moves of the week and the news that drove

them. Let's get to it. So what to talk about this week? I mean, it was so slow, there was no big news.

I'm fully kidding. This week, like last week, was full of trade turmoil and giant market swings.

Really, we can divide it into before Wednesday and after Wednesday,

a.k.a. before and after, Trump's big about-face on a bunch of the latest tariffs.

So, before Wednesday, the market was digesting all of the latest threats of retaliation from China in response to Trump's tariffs, as well as big Wall Street players weighing in and voicing their concerns like J.P. Morgan's Jamie Diamond and Black Rock's Larry Fink.

In contrast, Trump told everyone to, quote, be cool via truth social, but clearly things in the market were not cool.

And then there was Wednesday. Trump interrupted the day's sell-off and announced the 90-day pause on certain tariffs to most countries, also via truth social.

And we got a big old rally and the the three major indexes notched some records.

Now, after Wednesday, Thursday stocks were falling again, despite the good news from the previous day.

For one, the White House said that the China tariffs added up to 145%, not the 125%, it had indicated the day before.

And then we got one last twist.

On Friday, stocks were back to rallying to close out the wild ride.

On a weekly basis, the Dow gained about 5%, the S&P 500 gained more than 5%,

...