Stock valuations are elevated, but profit growth keeps pace with prices

Stock valuations are elevated, but profit growth keeps pace with prices


Traders on the floor of the New York Stock Exchange.

Source: The New York Stock Exchange

This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics.

  • A gentle extension of the persistent rally into an options-expiration Friday, as the market explores the borderlands between “strong” and “too strong.”



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