How high are the valuations of the U.S. stock market? They have reached the level of "irrational exuberance."

Bloomberg pointed out that the current valuation of the US stock market has reached its highest level since 2002, a level that is exactly the same as when Greenspan issued his warning of "irrational exuberance" in 1996.

wallstreetcn13:33 ET

Fed's Harker: Fed Still on Rate-cut Path, Future Moves Driven by Data

FXStreetJan 9 09:13 ET

AI has triggered a wave of layoffs on Wall Street! The number of unemployed individuals in the next three years may exceed 200,000.

The report indicated that in the next 3 to 5 years, due to AI 'encroaching' on human jobs, Global Banks will lay off up to 200,000 people, with backend, mid-office, and Operation positions facing the highest risks. At the same time, 80% of respondents expect that generative AI will increase productivity and income by at least 5% during this period.

wallstreetcnJan 9 06:31 ET

Trump's Day 1: Incoming President Looks Set to Act on Tariffs, Crypto, Energy and Immigration

MarketWatchJan 9 06:00 ET

Fed Signals Delayed Rate Cuts as Inflation Concerns Linger, Goldman Sachs Says

Yahoo FinanceJan 9 05:45 ET

Elliott Wave View: S&P 500 (SPX) Looking for a Double Correction [Video]

FXStreetJan 9 00:28 ET