Market overview 2023-06-08

The U.S. stock market continues to play "swing" ... Thus, Thursday's trading session overlapped Wednesday's drop on a flat news background with average trading volumes. Market participants are ready to use the descending correction movements to build up their long positions. However, it is not in their plans to hold them for a long time at least now. Apparently, the participants decided to wait for the decision and comment on the Fed discount rate next week to form the trading plan for summer months.