The View from 5th Avenue

The View from 5th Avenue – 21 May 2024

What a beautiful day here on 5th avenue in New York City. For the past few weeks, it was like we were living in London, but the sun is shining, the temperature is an ideal 75 degrees with a slight breeze all helping give way to weak volumes across US markets. Main US indexes traded sideways for most of the session but that didn’t stop the S&P 500 and Nasdaq from making new all-time highs despite more stocks being down than up on the day. Tech stocks were in focus today with headlines stemming…

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