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Market overview 2023-04-18

19.04.2023

US stock market continues to be in calm phase, demonstrating insignificant daily changes. Tuesday's trading was not an exception, leading indices to close around zero values. The macro data coming out is getting more and more indicative of the economy cooling down, and the participants are switching from fear of the Fed funds rate increase to fear of the recession depth. Among the sectors, the Healthcare and Communications sectors looked slightly worse than the market