Daily Note | September 4, 2024 | Loan CEFs Vulnerable?

Stocks are little changed at the open after yesterday's more significant sell off- the worst day since August 5th. The Dowfell more than 600 points, or 1.5%, while the S&P 500 slid 2.1%. The Nasdaq dropped 3.3%.

There was a clear "risk off" tone to the day's move, with lower-risk assets like bonds and defensive areas like consumer staples and utility sto…