Santoli’s Thursday market notes: Indexes ease off the gas after two-day runaway rally

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New for subscribers: Santoli’s Thursday market notes: Indexes ease off the gas after two-day runaway rally. Check out CNBCPro today.

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

Some mild indigestion after a two-day buying binge. Lethargic indexes propped by a few massive growth stocks, profit-taking dragging down most issues as Treasury yields fail to hold an early lift. Overall, some modest spillback from the V bounce off yet another mild pullback and test of the S&P 500's 50-day average.

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