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Market overview 2023-05-10

11.05.2023

At the background of fairly neutral macroeconomic statistics, the U.S. stock market paid great attention to corporate reports and news of the largest IT companies showing a certain optimism. This allowed the technological Nasdaq to become a leader, gaining more than 1 percentage point, amid more modest gains of other key stock indices. The Technology and Communications sectors were naturally the leaders among the sectors. The Energy sector was a clear outsider.