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Santoli’s Friday market notes: S&P 500 rallies as traders scoop up buying opportunities

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.

  • This market does quick shakeouts and gut checks, not bruising breakdowns and lasting panics. At least this has been the case for the past ten months, when the rotations have been benign and the corrections all localized.

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