- November 11, 2022
- Posted by: AliensFaith
- Category: OBJECTIVE PRESS
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The price declines have moderated valuations, with the S&P 500 tech sector trading at about 21 times forward earnings estimates versus 28 times at the end of 2021, according to Refinitiv Datastream. That level, which is still above the 17 times earnings commanded by the S&P 500, is still too lofty for some investors.