Market overview 2022-12-27

On the second day of the last trading week of the year the market showed mixed dynamics. If Dow Jones index showed not big increase, relying on industrial Companies, then broad market indexes S&P500 and Nasdaq led by the shares of technological Companies showed decrease. The main negative of the market was concentrated in shares of Tesla which set a negative tone to the rather "thin" trades. QQQ index - uniting top 100 non-financial Companies Nasdaq demonstrates the highest short interest in its history, which, apparently, explains the current negative market dynamics.