In the last two or three days, some of these issues, including steel makers ... advanced very quickly, especially for large-cap stocks.
The market's recent rising pitch was a bit too fast, so it's logical that it takes a breather. But investors are still eager to buy on dips.
Investor appetite for select technology stocks is solid as the sector has paused in the past year.
Oil is certainly a factor clouding the global economy in the year ahead.