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Market overview 2023-08-11

14.08.2023

The final trades of the last trading week ended with a mixed closing of the main US stock indices within 0.5 percentage points. Market participants, in the absence of significant news, adjusted their trading positions, acquiring assets of the Energy and Healthcare sectors, trying to find protection in them from the current market turbulence. At the same time, assets of the Technology and Communications sectors were under pressure. The market was frozen in uncertainty at the close, but the strength of buyers was generally more noticeable and they will probably try to realize it this trading week. As in the previous month, the market will continue to get the main news from corporate reports and they will continue to set the main tone for market players.