Market overview 2024-04-18

Once again, the Technology sector was the main driver of the decline in the U.S. stock market and will reduce the technology NASDAQ and the broad market index S&P500 within half a percent. At the same time, the Dow Jones blue chip index was able to stay in the green thanks to the Financials and Consumer sectors. The new week will bring a large number of significant reports and it is highly likely that market participants will refrain from "sharp movements". On the other hand, geopolitical tensions are not subsiding and may bring unexpected surprises.