Market overview 2022-08-05

Last Friday the US stock market had quite calm trades, leading the Dow Jones index to slight rise of 0,28 percentage points and reducing the broader SP500 and Nasdaq indices by 0,8 percent. The main driver of the decrease was the macroeconomic statistics, namely, an unexpectedly large amount of the newly created workplaces, which in the opinion of market participants could become an additional stimulus for the Federal Reserve System to raise the discount rate. The Energy and Financial sectors were the leaders of the growth.