FYI: It was generally a quiet week as not much progress or rumor on the “Chinese – U.S. trade deal” happened. Four days of consolidation followed by a gap up Friday on strong bank earnings pre market (along with Disney news). Markets also got a lift Friday from trade data released by China that showed March exports rose 14.2% from a year earlier versus forecasts calling for a rise of 8.7% and after a sharp drop in February. That said, imports were flagging, reflecting soft domestic demand and the growth spurt in exports may not be sustained.
On Wednesday the minutes of the last Federal Reserve meeting were released and it was dovish of course: