Market overview 2023-09-21

On the eve of the end of the fiscal year, the major U.S. stock markets continued to fall. In Thursday's trading they fell down about 1.5 percentage points on the main stock indices. Fears of another budgetary difficulties, expectation of a possible increase in the discount rate of the U.S. Federal Reserve System and the desire to fix the profit accumulated since the beginning of the year - these are, perhaps, the main drivers of the current decline in the stock market. The main sales were concentrated in the Retail and Durable Goods sectors. At the same time, the Health Care sector looked quite strong and managed to finish the trades on a positive territory.