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Santoli’s Friday market notes: The S&P 500’s latest slip brings it closer to a key level for investors

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Traders on the floor of the New York Stock Exchange (NYSE) in New York, on Wednesday, Aug. 11, 2021.
Michael Nagle | Bloomberg | Getty Images

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

  • A slow bleed lower through the week. Not a rush for the exits, but a hesitancy to add equity risk given a sense that the fundamental soft patch and policy trigger points have opened a window for seasonal weakness to manifest.

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