Santoli’s Thursday market notes: Fueled by earnings, stocks hustle to their next key test

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Traders on the floor of the New York Stock Exchange, June 25, 2021.

Source: NYSE

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

  • First traction, then acceleration. The market bent but refused to break the past few days. This, combined with a lull in bond yields, encouraging economic data (jobless claims, PPI) and an early rush of decent earnings, released the tape for an upside effort.