Market overview 2024-05-01

The rather quiet Wednesday's trading session on the US stock market led to a decrease in the main stock indices in the range of 0.4 percentage points. The main sales were seen in the Technology sector, while the Communications sector's shares were in a high demand. Reports continue to dictate the rules of the game, and although the average amount of reports that exceeded participants' expectations is at 77 percent, which is higher than the 5-year average, the participants are not in a hurry to get optimistic remembering the upcoming May - traditionally a selling month.