The View from 5th Avenue – 25 June 2025

Futures were steady when traders arrived at the desk, a welcomed relief from the recent market volatility, especially on the back of yesterday’s broad gains that had us within a few percentage points from all-time highs. The market continued that sentiment throughout today’s session, struggling to find direction and ultimately ending little changed amid weak breadth (72% down) on the lowest volume in two and a half weeks. Crude moved higher, hovering around $65, rates were stable with the 2-ye…

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