Market overview 2024-02-16

On Friday the U.S. stock market trading showed a downward movement within 0.8 percentage points on major stock indices after another historic gains. In the absence of any significant news and continued forecasts of an imminent correction in the "magnificent seven" stocks in the near future, the participants preferred to slightly reduce their positions, especially in shares of the Communications and Technology sectors. On the contrary, shares of the Healthcare and Materials sectors enjoyed some participants' support.