CNBC Pro

Santoli’s Thursday market notes: The corrective action we’ve been waiting for is happening now

Share
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.

  • Market gets a bit of relief, selling pressure abating after a straight-down few days that got the indexes a bit oversold in the short term and saw the broad benchmark bounce near its 50-day average.

More In Santoli on Stocks

CNBC ProSantoli’s Wednesday market notes: The S&P 500 bounces, but the market is indecisive on leadership
CNBC ProSantoli’s Tuesday market notes: Latest crypto slump and bounce unveils a brewing battle
CNBC ProWhat's actually changed for stock investors following the Fed's shift