Market overview 2022-10-04

The US stock markets managed to show the second consecutive day of impressive growth, changing positively on the main stock indices from 2.8 to 3.34 percent. The main growth driver was the general overselling of the markets and participants' confidence that the further monetary policy tightening can be suspended both by the appearing problems of the biggest Pension Funds and by the growing problems with the US government debt servicing at higher rates. All sectors showed steady gains, but the Energy sector was the clear trading leader