Business
US Stocks Fade on Concern About ‘Expensive’ S&P 500 Metrics
SOURCE:Bloomberg|BY:Felice Maranz
The S&P 500 Index retreated from early Friday gains as worries about stretched valuations offset optimism about next week’s massive CES conference and signs President Donald Trump was easing up on tariff policies.
The S&P 500 Index climbed at the open on Friday as investors bought tech stocks ahead of next week’s massive CES conference and cheered signs President Donald Trump was easing up on tariff policies.