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Market overview 2023-05-01

02.05.2023

The multidirectional trading on the US stock market led the main stock markets to close at near-zero levels. And while Energy and Real Estate sectors were under obvious pressure, Health Care and Technology sectors, on the contrary, were cautiously buying. The information noise related to the change of the US government debt ceiling is growing more and more, and though we can observe it every year, the approach of key dates related to the refusal of financing of some items by the US Government makes the participants reduce their appetite for risk, which results in cautious selling.