CNBC Pro

Santoli’s Friday market notes: Indexes enter a confusion zone after September jobs disappointment

Share
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, Sept. 20, 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

  • Hesitant, somewhat lethargic market response to a payrolls miss that nonetheless reflects not economic weakness but a tighter-than-expected labor market with slightly hawkish implications for Fed policy.

More In Santoli on Stocks

CNBC ProSantoli’s Monday market notes: Rebound rally keeps churning thanks to Tesla and seasonal bump
CNBC ProSantoli’s Friday market notes: Economically sensitive stocks prop up major indexes near record levels
CNBC ProSantoli’s Thursday market notes: November Fed meeting is in sight, and drama could be on the way