The stock market hit a new high today and went down

The Moscow Exchange Index hit a new all-time high at the opening of trading on Tuesday, exceeding 3,600 points for the first time. But a pullback followed immediately thereafter, and it has already gone into negative territory with a deteriorating external backdrop.

Oil prices are unable to consolidate above $70 per barrel Brent, but consolidation under this mark supported the Russian market with the ruble oil holding near 5,000. However, the ruble has strengthened somewhat since the beginning of the week, and ruble-denominated oil has felt this pressure.

Oil is down 0.8% this morning, to $68.3. On this background shares of oil companies are correcting: Tatneft-up (-1.7%), (-1.2%), LUKOIL (-0.8%), Rosneft (-0.7%). and Sberbank are losing about 0.5%.

The pullback takes place in TMK shares (-1.9%) after the fairy growth of the previous days.

NKNH prefs are outsiders after the dividend recommendation.

The USD/RUB pair dropped below 73 yesterday for the first time since December and is now holding below 72.92 (+0.16%).

The S&P 500 futures are up 0.1% after yesterday's 0.65% rise in the index. The Fed will begin its two-day meeting today, from which market participants expect clarification of the regulator's position on the alarming rise in rates in the debt market. The 10-coupon yields remain above 1.6%.

Leaders: VSMPO-AVISMA (+2%), Mechel-ao (+1%), (+0.6%), M.Video (+0.6%),

Outsiders: NKNKh-Up (-2.7%), TMK (-1.9%), Tatneft-Up (-1.7%), Rusal (-1.4%), Gazprom Neft (-1.2%)