S&P 500 logs best year since 1997 as Federal Reserve keeps stimulus going – Minneapolis Star Tribune

S&P 500 logs best year since 1997 as Federal Reserve keeps stimulus going Minneapolis Star Tribune The price-earnings ratio for the S&P 500 index, a measure of earnings compared with stock prices, rose to 15.4 from 12.6 at the start of 2013, according to FactSet data. By that measure, stocks grew more expensive, but weren't necessarily overvalued.

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