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Market overview 2023-10-23

24.10.2023

After almost 2 weeks of decline, participants of the US stock market slightly reduced the volume of sales and volumes of their short positions in Tuesday's trading. Good news from the cryptocurrency sector and calm corporate reporting were probably the main factors behind this behavior. We should not ignore the fact that there is no further escalation in the Middle East, which is somewhat reassuring, which is reflected in the quotations of major energy carriers and gold. A large volume of corporate statistics will be released this week, and the main attention will be attached to it.