P.M. Edition for Mar. 31. The U.S. <a href="https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-03-31-2026?mod=WSJ_WNPOD">stock market caps off a tough quarter with a huge rally</a>. WSJ markets reporter <a href="https://www.wsj.com/news/author/hannah-erin-lang?mod=WSJ_WNPOD">Hannah Erin Lang</a> says there’s one big factor driving the turbulent trades. Plus, businesses <a href="https://www.wsj.com/business/tariffs-put-businesses-in-crisis-waiting-for-the-refund-could-be-worse-473d9387?mod=WSJ_WNPOD">paid $166 billion</a> in illegal tariffs. WSJ legal affairs reporter <a href="https://www.wsj.com/news/author/louise-radnofsky?mod=WSJ_WNPOD">Louise Radnofsky</a> explains how uncertainty over refunds is leaving many companies in a cash crunch. And Unilever and McCormick <a href="https://www.wsj.com/business/deals/unilever-nears-deal-to-create-60-billion-food-giant-with-mccormick-cc273c8d?mod=WSJ_WNPOD">strike a deal</a> to create a giant new condiments company. Alex Ossola hosts.

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