The View from 5th Avenue

The View from 5th Avenue – 25 June 2024

Tech up, market up. Simply put… as NVDA recovered some of its recent days’ losses, Big Tech resumed it lead position and helped to pull the broader market higher. The tech-heavy Nasdaq led gains followed by the S&P while the DOW and Russell both lagged in the red. Eyes on a “broadening out” remain in focus but will have to wait for another day in the sun as the S&P Equal Weight index also lagged in the red today. Elsewhere, some focus on Treasury bond auctions this week, starting with stron…

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