Daily Note | October 17, 2024 | AVK Rights, Muni CEFs, Gov Agency Bond
Chipmakers are rallying, helping markets reach new highs. Taiwan Semi was up 9% after reporting strong third-quarter results.
We had new economic data that also helped buoy stocks. September's retail sales showed that consumers are still spending. The monthly sales figure was up 0.4%, ahead of the +0.3% estimate.
Jobless claims also came in lower than exp…
Keep reading with a 7-day free trial
Subscribe to Yield Hunting to keep reading this post and get 7 days of free access to the full post archives.