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Good morning from the Financial Times.
Today is Thursday, May 15th.
This is your FT News Briefing.
The U.S. market rally actually hurt some investors.
Plus, a major militant group in Turkey is disbanding.
I'm Mark Filippino, and here's the news you need to start your day.
Some investors on Wall Street have been caught off guard by the market rebound.
They've been betting against the U.S. dollar and equity
since the markets first took a tumble in early April.
That's when President Donald Trump announced his so-called Liberation Day tariffs.
Now, after China and the U.S. de-escalated trade tensions earlier this week,