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S&P 500 is close to a historical record valuation unseen since the US Civil War
The Dow Jones, S&P 500, and Nasdaq Composite indices have hit record highs amid the hype around artificial intelligence and a number of other factors. According to the outlet, the market is approaching a valuation level that has not been seen since periods close to the US Civil War.
Extremely high multiples have historically preceded long stretches of weak returns or corrections — a key risk for investors with a long-term horizon.
$METAX $NVDAG $TSLAG