Santoli’s Thursday market notes: November Fed meeting is in sight, and drama could be on the way

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, October 6, 2021.
Brendan McDermid | Reuters

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

  • Indexes pausing exactly at the prior record highs, a perfectly logical wait-and-see moment after a 6% pop over 13 trading days.