Market overview 2023-10-12

The main indices, having reached technical resistance levels, showed a decline within 0.6 percentage points on the U.S. stock market on Thursday. The next batch of inflationary macrostatistics did not show any slowdown, but on the contrary, slightly accelerated the indicators. The Fed's rhetoric remains quite peaceful, so this fact did not cause a large-scale sell-off, but added some nervousness to the trades. The main focus of the participants traditionally moves to the sector of Corporate reporting and Retail sales, but geopolitical tensions continue to weigh on the market and are ready to make adjustments at any moment.