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Market overview 2023-08-23

24.08.2023

The U.S. stock market, driven by the technology sector, showed a steady rise of 1.5 percent in the main stock indices. Corporate reports continued to have a positive impact on the mood of market participants, who, paying attention to some market oversold in recent days, decided to buy. The good NVDA report, which came out after the trading, also supported the buyers' mood, which they realized at the beginning of Thursday's trading. However, Thursday is also rich in macroeconomic statistics, the release of which may be able to cool down the mood of buyers.