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Daily Note | Aug 9, 2024 | HYB Is Gonzo, Abrdn Boosts Divs, Solid MAIN Report
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Daily Note | Aug 9, 2024 | HYB Is Gonzo, Abrdn Boosts Divs, Solid MAIN Report

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Yield Hunting
Aug 09, 2024
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Daily Note | Aug 9, 2024 | HYB Is Gonzo, Abrdn Boosts Divs, Solid MAIN Report
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Markets are not far from the flatline and remain negative for the week despite another good day yesterday. So far this week, the S&P 500 is down just 0.4%, while the Nasdaq is down 0.9%.

From JP Morgan:

Yesterday, markets rallied after the modestly lower jobless claims that eased some fears on recession risks. While this decline in jobless claims (233k vs…

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