Santoli’s Wednesday market notes: Stocks go through a repricing as investors back off from equity risk
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, on Monday, Aug. 23, 2021.
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This is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics.
- Confusion prevails over conviction in a market suffering slippery technical footing and a staticky news feed, but also far along in repricing toward a global economic soft patch and lower investor expectations.