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Stock impact report

As the stock market falls amid tariff announcements, Pittsburgh area investment officer gives his advice [CBS News]

New York Times Company (The) (NYT) 
Last new york times company (the) earnings: 2/6 07:00 am Check Earnings Report
Company Research Source: CBS News
Stocks dropped over 1,600 on Thursday and then 2,000 on Friday. Today, the Dow ended down 349 points. "This is a shock that markets haven't really dealt with before," said Joe Rennison, Financial Markets Reporter for the New York Times. "We've been ripped off and taken advantage of by many countries over the years, and we can't do it anymore," Mr. Trump said. Investment bank Goldman Sachs issued a new forecast saying a recession has become more likely, even if the president reverses course. Now the question is, if you're an investor, what do you do? Newly elected Pennsylvania Senator Dave McCormick spent part of the morning touring a Mon Valley battery production facility, Eos Energy, and Sen. McCormick thinks the tariffs will help strengthen their business. "The essence of the tariffs, which is to try and bring fairness, makes sense, and now they've got to be executed in a way that's going to be good for [Pennsylvania] and the country," Sen. McCormick said. After the t Show less Read more
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