Santoli’s Wednesday market notes: The S&P 500 takes a breather just below a key level

[view original post]

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, December 8, 2021.

Brendan McDermid | Reuters

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

  • Low-drama digestion day after a ripping two-day rally makes plenty of sense and is probably healthier than a further immediate lunge higher.