The stock market has been rallying sharply higher since President Donald Trump reversed course on April 9, pausing most of the reciprocal tariffs that had tanked stocks when he'd announced them on April 2.

As the S&P 500 erases losses stemming from last month’s tariff announcement, Donald Trump may be right to encourage investors to open up their portfolios and take action.

Stocks closed higher Thursday as Wall Street cheered encouraging tariff news. Indeed, today's reports of a trade deal between the U.S. and the U.K. boosted expectations ahead of this weekend's negotiations with China.