Santoli’s Wednesday market notes: Investors sell the news on big bank earnings

This post was originally published on this site

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 13, 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.

  • Another timid morning rally fades. Yet again below the surface there is evidence of the market trying to find some traction above last week’s low.