S&P 500 Climbs 2.2%, Nasdaq Up 2.7%
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- Wall Street ends higher as SpaceX's market debut dominates
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- Wall Street ends higher as SpaceX's market debut dominates
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
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US Stocks Remain Expensive - Goldman Sachs
October 17, 2022 12:02 PM EDTGoldman Sachs analyst David Kostin told clients in a note on Monday that US stocks "remain expensive vs. history."
The analyst told investors that the S&P 500 index has declined by 23% from its peak in January, but most absolute and relative valuation metrics show that US stocks are still pricey.
"Investors repeatedly ask us where they should be looking for bargains. Four... More
