S&P 500 and Nasdaq close at record highs as oil prices drop

Well, as the market continues to move higher, so have valuations with the S&P 500 uh now close to crossing its 5-year average. Uh could that be signaling that the rally is getting stretched. Joining us now is Lori Calvina from RBC Capital Markets.Uh Lori, good to see you. >> Thanks for having me. >> Um so obviously valuations are kind of um reinflating, but not back to where they were, I'd say, last last fall.Earnings themselves, I guess you have to check off that box. So what are when you do the building b ...