Wall St Week Ahead Lofty valuations on US stocks a growing worry for investors

on Jun 24, 2023 01:52:AM

Some Wall Street banks are sounding caution on the U.S. stock rally, warning that stretched valuations have made equities more vulnerable to declines. The S&P 500 (.SPX) pulled back for the week though it is up more than 13% since the year began, fueled by signs of moderating inflation, excitement over advances in artificial intelligence […]

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