Market overview 2023-06-21

The continuation of corrective movement at Wednesday's trading in the U.S. led to a decline in major stock indices within 1.2%. The main decline was noted in the Technology and Communications sectors, which was primarily due to the desire of market participants to fix profits in them in connection with their outperforming growth of the last months. At the same time, such fundamental sectors as the Energy and Housing and Utilities sectors managed to show rather positive dynamics, remaining in positive territory within 1%.