Santoli’s Thursday market notes: Investors’ anxiety over growth dents stocks, but the uptrend remains intact

Traders at the New York Stock Exchange.
Source: NYSE

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

  • The growth concerns and profit-taking that had been eating away at stocks below the market's surface reached the indexes this morning. The early sell-off skimmed away about a week's worth of S&P 500 upside as Treasury yields probed lower still, but it did nothing yet to undermine the broader uptrends.

More In Santoli on Stocks

CNBC ProSantoli’s Thursday market notes: Market speculation calms down as Robinhood debuts on the Nasdaq
CNBC ProSantoli’s Tuesday market notes: Stocks wobble amid Big Tech earnings, key Fed meeting
CNBC ProSantoli’s Monday market notes: Stocks churn near highs before big earnings results, key Fed meeting