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As of May 4, 2026, the S&P 500 index tracked by the State Street SPDR S&P 500 ETF Trust (SPY) has crossed a trailing 12-month price-to-earnings (P/E) ratio of 30x, marking only the fourth occurrence of this milestone in 156 years of U.S. equity market history. While all three prior instances precede
State Street SPDR S&P 500 ETF Trust (SPY) - 156-Year Valuation Threshold Signals Elevated Near-Term Market Risk - Trending Volume Leaders
SPY - Stock Analysis
4971 Comments
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Paigelynn
Insight Reader
2 hours ago
Price action remains choppy, with intraday fluctuations reflecting a mix of buying and selling pressure.
π 33
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2
Gabriely
Active Reader
5 hours ago
This feels like step 11 for no reason.
π 201
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3
Vincint
Legendary User
1 day ago
That was pure inspiration.
π 60
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4
Gladiola
Loyal User
1 day ago
This feels like a moment I missed.
π 217
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5
Tatsu
Consistent User
2 days ago
Thatβs so good, it hurts my brain. π€―
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