Market overview 2024-07-01

Once again, the Technology sector stocks, specifically Apple and Tesla, helped the major US stock indices to move into positive territory in Monday's trading. Trading volume remained at average levels, but it seems that the new quarter's start and expectations of positive corporate reports have re-invigorated some confidence in market participants. However, it should be noted that the situation was not entirely happy - the Materials, Industrials and Real Estate sectors were under an obvious selling pressure and showed significant negative dynamics.