［3月29日］美股指数估值数据（美股指数下跌，估值如何）

Global Market Overview - The global stock market experienced an overall decline this week, with the global stock index returning to a rating of 3.2 stars [1] - The US stock market fell nearly 2% this week, with the S&P 500 dropping 2.12% and the Nasdaq 100 declining by 3.2% [2][3] - The US stock market was the primary contributor to the global market decline, while non-US markets showed little volatility [4][5] - Chinese assets remained relatively strong, with both A-shares and Hong Kong stocks rising on Friday [6] US Stock Valuation Insights - Concerns have been raised regarding the valuation of US stock indices, which were considered overvalued at their peak in the second half of last year [7][8] - The S&P 500 has corrected by approximately 9% from its peak, returning to a normal valuation level around 70% of historical averages [10][12] - The Nasdaq 100 has seen a 12% correction, with its valuation now at a slightly lower than normal level of 40-50% of historical averages [13][15] - Certain US dividend indices have underperformed the broader market, with valuations at historical lows of 30-40% or lower [16][18] Historical Context and Current Market Conditions - Over the past year, particularly since April of last year, global markets faced significant declines due to tariff crises, creating undervaluation opportunities [20] - The global stock index was once rated at 4.2 stars, significantly lower than current levels, but is still over 30% higher than the lows seen in April of last year [21][22] - Recent weeks have seen an average market correction of 10-11%, but the current market does not exhibit the same level of undervaluation as seen last April [24][25] Investment Opportunities - The article discusses the availability of global stock index funds in overseas markets, which total over a trillion dollars, but notes the absence of such funds in mainland China [30] - A "Global Index Advisory Portfolio" has been introduced, which diversifies investments across US, UK, Hong Kong, and A-shares to track global stock markets [31] Additional Resources - A new book titled "Personal Pension Investment Guide" has been released, focusing on retirement savings strategies [35][36]