Daily Note | September 12, 2024 | VFL Raises, CEF Swaps, AVK Rights Offering

Markets are higher a day after a massive rally back from significant losses. The Dow at one point was down almost 750 points at the lows yesterday and came back to finish +125 points. The S&P and Nasdaq both closed higher.

I think the drop was caused by two things: (1) was Harris doing a bit better than expected at the debate causing her chances to win t…