Valuation Scare in Nasdaq Arrives at Wrong Time for U.S. Bulls

Updated on
  • FANG stocks slide by average of 7.6 percent in three days
  • Nasdaq slumps 19 percent from July high to near bear market

Before last week, it would have been hard to say valuations were a pressing concern for U.S. stocks -- particularly after 2015’s market was propped by a handful of companies with triple-digit multiples. That’s changing.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.