Morning call - The market suddenly dropped sharply at the end of the session
19/06/2023

Summary

US stocks had a positive trading week. The next week, the Fed Chair will testify before the House Financial Services Committee on Wednesday (June 21) and the Senate Banking Committee on Thursday (June 22) as part of the hearing. his biennial on the state of monetary policy before lawmakers. The US stock market will be closed on Monday (June 19) due to the Juneteenth federal holiday.

The market fell 1.75 points (0.16%) to close at 1,115.22, the market fell not strongly but fell nearly 14 points from the peak of the day. From 14:00 onwards, the market witnessed a rather large discharge, combined with restructuring transactions, causing the pressure to increase rapidly.

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Category
Daily
Author
SSV
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