Santoli’s Friday market notes: Reddit names a sideshow, while low-drama S&P 500 nears closing high

Traders working at the New York Stock Exchange (NYSE), on May 19, 2021.

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

  • Prolonged holding pattern gives way to a tentative upward grind as a bit of suspense is lifted and some drama drains from the tape.

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