Turkey after the PKK

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• 00:34

  Good morning from the Financial Times.

• 00:35

  Today is Thursday, May 15th.

• 00:37

  This is your FT News Briefing.

• 00:40

  The U.S. market rally actually hurt some investors.

• 00:44

  Plus, a major militant group in Turkey is disbanding.

• 00:48

  I'm Mark Filippino, and here's the news you need to start your day.

• 01:00

  Some investors on Wall Street have been caught off guard by the market rebound.

• 01:04

  They've been betting against the U.S. dollar and equity

• 01:07

  since the markets first took a tumble in early April.

• 01:10

  That's when President Donald Trump announced his so-called Liberation Day tariffs.

• 01:14

  Now, after China and the U.S. de-escalated trade tensions earlier this week,

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