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Market overview 2023-03-28

29.03.2023

U.S. stock market remains under the power of longing expectation. Coming marko-economic news are evidently ignored by market participants, who, obviously, are waiting for clear signals about development of current macroeconomic processes and clear signals from regulators about their further movements. The market looks good technically and the participants are ready to use this opportunity to play up, but concerns about the news background are forcing them to stick to a cautious trading policy. The Energy sector dominated among the sectors in Tuesday's trading, while the Communications sector showed clear weakness.