The US stock market started the second semester of 2021 by closing in the green (01/07). The S&P 500 index scored another record for the 6th day in a row, supported by the energy sector which is awaiting the outcome of the OPEC+ meeting. Investors will also be watching the June employment data to be released on Friday.
Domestically, JCI managed to continue strengthening, led by the consumer goods and health sectors. Inflation rate and Manufacturing PMI in June were reported to have slowed compared to the previous month. Towards the end of the week, JCI will try to stay above the psychological level of 6,000; with a projected range of movement at 5,950 – 6,130.
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