S&P 500 closed just 1.8% below its record high, signaling strong momentum despite some stretched valuations. Only 27 stocks in the index trade above 40x forward P/E, matching peaks seen during the 2020 crash and 2022 bear market.
published
S&P 500 closed just 1.8% below its record high, signaling strong momentum despite some stretched valuations. Only 27 stocks in the index trade above 40x forward P/E, matching peaks seen during the 2020 crash and 2022 bear market.
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