‘People are hitting the panic button’: What investing pros are saying as markets resume selloff amid tariff uncertainties

News Snapshot:

Major U.S. stock indexes declined sharply on Thursday with investors concerned about the impact President Donald Trump’s trade policy may have on companies and the broader economy, while Marvell Technology’s revenue forecast sparked concerns about spending on artificial intelligence infrastructure. Below are investor comments about the selloff, which saw the S&P 500 dipped below its 200-day moving average for the first time since November 1, 2023. TIM GHRISKEY, SENIOR PORTFOLIO STRATEGIST, INGALLS & SNYDER, NEW YORK “The market opened lower, then made a move up, but then we’ve had a worse selloff. Trump has been very confusing about these tariffs....