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Market overview 2023-07-12

13.07.2023

At Wednesday's trading, the U.S. stock market showed another attempt of growth on good macroeconomic statistics coming out. The main demand was concentrated in the Technology and Communications sectors, which led to the growth of the Nasdaq index within 1.25 percentage points. The growth of the broad market index S&P500 (0.74%) and blue chips index Dow Jones (0.25%) was more modest due to the pressure of sellers in the Industrials and Healthcare sectors, which went into a small minus at the end of trading. The attention of market participants remains in the sector of corporate reporting for the nearest future. Also, perhaps, the participants' mood will be affected by the course of litigation between Coinbase and SEC, which starts today, July 13, 2023.