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Santoli’s Thursday market notes: Investors shuffle out of cyclicals and embrace tech laggards

Published Thu, May 20 20211:20 PM EDT

Michael Santoli @michaelsantoli

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.

Upside follow through to yesterday's tenacious but flawed intraday comeback.

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