Wall Street closed mixed in trading (01/09), with the S&P500 and Nasdaq indexes continuing to strengthen. The movement was supported by the technology sector which generally benefited from low interest rates. Concerns about the re-emergence of Covid-19 cases and weak private employment data have caused investors to return to targeting stocks with high growth potential.
From the domestic market, the JCI started the month of September with a correction of 0.97%; pressured by declines in 8 sectoral indices. The inflation rate and the Indonesian Manufacturing PMI level were reported to have slightly increased in the August 2021 period. Technically, the JCI has the potential to be under pressure again and test the psychological support level at 6,000.
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