Dow Soars 300 Points Off Overnight Lows: "Be Careful What You Wish For"

From the moment the opening bell rang for US cash equity markets, a buying-panic ensued, lifting Dow futures 300 points off their lows...

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Quite a comeback and the timing was incredible...

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Who could have seen that coming? 

At 9:30am, Steven Mnuchin was finally connected to the PPT after holding for 8 hours. pic.twitter.com/Ig4ynW2aZz

— zerohedge (@zerohedge) May 6, 2019

There is one small problem, however... 

If Trump needs confirmation that blowing up a China trade deal is the right thing to do, a green close should do it

— zerohedge (@zerohedge) May 6, 2019