Market overview 2023-10-05

The U.S. stock market, by tradition, started Thursday's trading day with a decline, but met quite active resistance from buyers who brought the main stock indices to around zero. The macroeconomic statistics was not actively expressed and the participants decided to reduce their short positions in anticipation of Friday's release of unemployment data, which recently became the main argument in the rhetoric of Fed functionaries for further increase in the discount rate. As for the sectors, the Real Estate and Healthcare sectors, which were the clear favorites of the trades, drew attention.