In Tuesday's trading on the U.S. stock market, the Technology and Healthcare sectors managed to keep the major U.S. stock indices from falling on a large scale, allowing them to close down within 0.75 percentage points. Selling across almost all sectors was fairly even, but their activity was not particularly worrisome. The market continues to reconsider the start of the U.S. discount rate cut and the likelihood of a full-blown stock crisis in China. In counterbalance to these fears there are corporate reports, which at the moment are coming out quite strong. Taking into account the factor of the election year in the U.S., the Fed's rhetoric may soften at any moment, but the excessively high levels of indices do not give the Fed any reason for concern.