"There's a lot of room to go in the stock market"
- John Carey, a Boston-based money manager at Pioneer Investments
U.S. stocks fell on Friday amid global growth concerns.
The Standard & Poor's 500 lost 0.32%, or 4.46 points, to 1,369.63. The Dow Jones Industrial Average slid 0.02%, by 2.73 points, to 12,977.57. The Nasdaq Composite Index dipped by 0.43%, or 12.78 points, to 2,976.19.
"Some people may think that the market is a bit ahead of itself after the rally in stocks," said John Carey, a Boston-based money manager at Pioneer Investments
"There's concern about a potential slowdown as a result of Europe's debt crisis. I don't think that way when I look at the earnings prospects. There's a lot of room to go in the stock market."
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