['DATE | this_year', 'LOC | U.S.', 'ORG | Goldman', 'PERCENT | nearly_19%', 'exchangeName | S&P_500′s', 'stockChange | gain']
After the S&P 500′s nearly 19% gain this year, the benchmark index is now trading near its fair value relative to interest rates, profitability as well as price-to-book valuations, according to David Kostin, Goldman’s chief U.S. equity strategist.