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US Equities — Indices, Volatility & Valuation

The four major US benchmarks (S&P 500, Nasdaq, Dow, Russell 2000), the VIX, the S&P's drawdown from its high, and an economy-wide valuation gauge (Wilshire 5000 / after-tax profits).

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S&P 500
Daily close, index level
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Source: Yahoo Finance — S&P 500 daily close.
Major Indices — Rebased to 100
S&P 500, Nasdaq, Dow & Russell 2000, each = 100 at start of window
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Source: Yahoo Finance — S&P 500, Nasdaq Composite, Dow Jones, Russell 2000.
VIX — Volatility Index
CBOE 30-day implied volatility; below 20 = calm, above 30 = stress
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Source: CBOE via FRED — VIXCLS.
S&P 500 — Drawdown From All-Time High
Percent below the running peak; reference lines at -10% and -20%
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Source: Yahoo Finance — derived from S&P 500 daily close.
Wilshire 5000 / After-Tax Corporate Profits
Economy-wide "P/E"; long-run average ~12; bands: cheap <9, fair 9-15, over-valued 15-18, frothy >18
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Source: Yahoo Finance (Wilshire 5000) ÷ BEA NIPA after-tax corporate profits with IVA & CCAdj (CPATAX) via FRED.
Nasdaq vs. Russell 2000 — Rebased to 100
Tech-heavy large caps vs. small caps
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Source: Yahoo Finance — Nasdaq Composite, Russell 2000.