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Santoli’s Friday market notes: Economically sensitive stocks prop up major indexes near record levels

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 5, 2021.
Andrew Kelly | Reuters

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

  • Broad indexes doing their best to sidestep big-cap earnings blow-ups, fast-moving macro inputs from bonds and straight fatigue following a quick three-week climb and seven-day win streak.

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