For more information you can review our Terms of Service and Cookie Policy. Please make sure your browser supports JavaScript and cookies and that you are not blocking them from loading. At 22.2 times its forward price-to-earnings ratio, the S&P 500's valuation is well above its long-term average of 15.3, according to Refinitiv Datastream, though several investors said stocks still look relatively inexpensive compared to bonds. Why did this happen? Reporting by Lewis Krauskopf; editing by Diane CraftOur Standards: The Thomson Reuters Trust Principles.
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Cookie is a female dog .
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