News Formal

Why the market is looking vulnerable to shocks, tough times for a former TSX tech darling, and 21 oversold stocks

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 92%

United States News News

United States United States Latest News,United States United States Headlines

Market at risk of shocks amid trade turbulence, two sagging TSX-listed companies, and 21 oversold stocks GlobeInvestor

Stock valuations have climbed to levels reached just before Wall Street’s late 2018 plunge, leaving the market at risk of shocks such as the sell-off this week as global trade tensions mounted.

Under the traditional price-to-earnings ratio method of valuing equities, stocks recently rose to their most expensive level since September. The benchmark S&P 500 index peaked last year on Sept 20, before sliding nearly 20 per cent over the next three months.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

At midday: Global stocks fall as investors seek safety after Trump’s China tariff threatsAt midday: Global stocks fall as investors seek safety after Trump’s China tariff threats GlobeInvestor
Source: globeandmail - 🏆 5. / 92 Read more »