Business

Valuations of S&P 500 now resemble pre-dot-com era levels

Stock prices are approaching a first in 156 years, and past patterns suggest a crash might come next.

By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .

This story is no longer being updated. It reflects reporting up to .

What happened

The S&P 500's valuation is similar to levels that prevailed before the dot-com period. New highs are being reached while new lows also appear, a gap that stands out to observers. One analysis says the market is nearing something it has not done in 156 years.

Why it matters

Past patterns suggest a crash may follow the current conditions. Investors are being urged to consider how the market might respond.

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