Daily Note | April 19, 2024 | BAT Capital Tender Offer Details

Markets are mixed with the Dow up 180 points while the S&P 500 and Nasdaq are down. Small caps are up the most this morning along with the VIX. Rates are lower with the 10-year nearing the 4.60% level.

The catalyst was geopolitical with Israel striking Iran in a limited strike on the city of Isfahan using drones.

Yesterday, markets were little changed as …