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Santoli’s Tuesday market notes: Meme stocks are hopping, and the broader market isn’t a fan

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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.

  • A sideways several weeks showed more traction than slippage through May. The same pattern is at work in today's tape, with a flattish benchmark but most stocks higher and led by cyclical groups (energy, industrials, financials), and large-cap growth costing the S&P 500 its opening pop.

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