S&P 500's CAPE Ratio Nears Dot-Com Peak as Dividend Yield Hits Record Low

3-line summary

• The S&P 500 has hit its second-most-expensive valuation in history as measured by the Shiller CAPE ratio, trailing only the dot-com bubble peak of about 44.19 reached in November 1999, according to a Yahoo Finance report.
• The index's dividend yield has fallen to a record low of 1.04%, per Yahoo Finance AlphaSpace analysis.

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