最新报道:According to the Federal Reserve's July meeting minutes, the recent rise in stock prices and narrowing credit spreads indicate that the market believes the overall US economy remains resilient; however, financial markets appear to be beginning to differentiate between companies based on the size and quality of their earnings. The S&P 500 index's valuation remains above its long-term average, driven primarily by optimistic expectations about the potential for large technology companies to benefit from the further application of artificial intelligence (AI). However, despite some gains between meetings, valuations of small-cap stocks remain below their historical averages.