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S&P 500 and Dow Jones Industrial Average: Why Markets Could Surge 60 … – ETF Daily News


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S&P 500 and Dow Jones Industrial Average: Why Markets Could Surge 60
ETF Daily News
Yesterday the S&P 500 index closed at 1,609. Let's hypothetically say it trades up to a PE of 30 like it did in 2000. That would mean the index could reach 2,630, if earnings stayed exactly where they are. That's more than 60% above yesterday's close.
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