Daily Note | May 24, 2024 | Invesco Drops The Gauntlet

Markets are in the green today but on track for the first down week in 5 after the Dow suffered its worst loss in more than a year. This is despite the strong Nvidia report the day before. The S&P lost over 0.7% and all sectors were lower except technology.

The catalyst was the PMI report, which showed stronger than expected growth along with a large dro…