SpaceX, Piper Sandler's S&P valuation: Asking for a Trend

US stocks gained on Monday with the S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) reaching fresh record highs. Josh Lipton examines the key themes for investors on Asking for a Trend.

After Elon Musk's SpaceX successfully landed its Starship rocket, SpaceFund founder Rick Tumlinson sits down with the Asking for a Trend team to talk about what the milestone means in space history.

Yahoo Finance's Julie Hyman breaks down the chart of the day, taking a closer look at Piper Sandler analysts Michael Kantrowitz's P/E ratio comparisons on the S&P 500 index's fair-value valuations.

To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.

This post was written by Naomi Buchanan.