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Santoli’s Monday market notes: Cyclicals, banks rally, but will the early-month strength trend hold?

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Traders on the floor of the New York Stock Exchange.
Source: NYSE

This is the daily notebook of Mike Santoli, CNBC's senior markets commentator, with ideas about trends, stocks and market statistics.

  • Brisk rally in cyclicals and heaviness in tech/growth translates into a mild bounce for the S&P 500 not quite recouping Friday's drop.

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