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Dow Jones Futures Fall After S&P 500 Hits High Despite Meta, Amazon Slide; This Leader Breaks Out
The S&P 500 hit a new high, led by growth, even as Meta Platforms, Amazon and other titans fell. Axon Enterprise broke out.
The biggest U.S. stocks haven’t been this expensive since the dot-com era. That’s making investors nervous.
By some measures, U.S. large-cap stocks are trading at the highest — or near the highest — premium to fundamentals like sales ...