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Santoli’s Friday market notes: Stocks slump toward an inflection point: an ordinary pullback or something more?

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New for subscribers: Santoli’s Friday market notes: Stocks slump toward an inflection point: an ordinary pullback or something more?. Check out CNBCPro today.

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

The slow-motion slide – echoing the slow grind higher that preceded it – has taken the market toward a spot where it will show whether this is just another 2021-style mild pullback or something more.

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