AB Bernstein downgraded technology stocks to “market weight” from “modest overweight,” citing potential headwinds including high valuations and trade tensions. In the meantime, some tech names with losses as much as 50 percent over the […]
“The likelihood of tail events is not symmetrical,” Kostin said. “The market path in 2019 will depend on investor perception of the longevity of the current economic expansion.” But investors do not sound optimistic. Kostin […]
The best-performing sector this year has caught a cold. Health care has gotten swept up with the broader market selling, putting it on track for its worst month since February 2009 and its worst quarter […]
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