All major US markets successfully closed in the green on (09/03/2021), which was marked by a significant rebound on Nasdaq. Bond yields which have begun to stabilize and the sharp decline that previously occurred in technology sector stocks are seen as buying opportunities for investors. On the other hand, the Biden administration is also still on track to endorse a new stimulus package by the end of this week.
Domestically, the downward trend in the JCI that continued yesterday has entered its 4th consecutive day. Market participants hope that sentiment from the majority of global markets that closed in the green zone will bring positive impact, amidst the lack of new catalysts. Today, JCI is expected to move in the range of 6,167-6,325.
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