'It's a good time to be diversified, invest strategically, and have your shopping list ready in case stocks pull back and go on sale,' the firm said.
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.
Trader Peter Tuchman works on the floor of the New York Stock Exchange, Thursday, June 20, 2019. Stocks are opening broadly higher on Wall Street, erasing the market's losses from May and setting the S&P 500 on course to reach another record high. While the market has enjoyed an impressive rally this year, global downside risks are building, theThe upcoming US corporate earnings season is unlikely to serve as a catalyst that drives stock prices meaningfully higher, T.
"Markets are near highs and risks are rising, so it's not time to be a hero," Rob Sharps, the firm's head of investments and group chief investment officer, said."It's a good time to be diversified, invest strategically, and have your shopping list ready in case stocks pull back and go on sale." Slowing global economic growth could improve if trade relations between the US and China don't deteriorate further, the firm said. While T. Rowe — which oversees $1.07 trillion in assets — is"generally constructive" on the market through year-end,"risks are building."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Those $1 Villas For Sale In Italy Could Cost You Over $100,000Small towns in Italy are selling houses for just one euro, but the actual final cost is much higher because of the renovation costs involved.
Read more »
Banco Santander in $1.06B Allianz termination dealBanco Santander SA (SAN.MC) said Monday that it has reached an agreement to terminate Banco Popular Espanol SA's agreement with Allianz SE (ALV.XE) for the exclusive distribution of certain products. As part of the agreement, Santander Group will pay 936.5 million euros ($1.06 billion) for Banco Santander to acquire Allianz's 60% stake in Allianz Popular and to terminate the agreement for exclusive distribution of certain non-life insurance products through the Banco Popular network.
Read more »
Here’s What Could Derail Google’s $1 Billion Plan To Help Housing CrisisIn total, Google says it will help build 20,000 homes in the San Francisco Bay Area over the next 10 years.
Read more »
Accenture Retrains Its Workers as Technology Upends Their JobsThe consulting firm, an adviser on automation, has promised to retrain nearly every worker at risk of losing a job to technology, at a cost of nearly $1 billion a year.
Read more »
Don't Let That Rainbow Logo Fool You: These 9 Corporations Donated Millions To Anti-Gay PoliticiansNine of the biggest, most LGBTQ-supportive corporations in America gave about $1 million or more each to anti-gay politicians in the last election cycle. Companies like AT&T, UPS, Comcast, Home Depot and General Electric. All told, their donations totaled almost $15 million.
Read more »