Wall Street Cheers Prospect of an End to the Iran War

P.M. Edition for Mar. 31. The U.S. stock market caps off a tough quarter with a huge rally. WSJ markets reporter Hannah Erin Lang says there’s one big factor driving the turbulent trades. Plus, businesses paid $166 billion in illegal tariffs. WSJ legal affairs reporter Louise Radnofsky explains how uncertainty over refunds is leaving many companies in a cash crunch. And Unilever and McCormick strike a deal to create a giant new condiments company. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.