Wall Street managed to start the week in the green, which was marked by strengthening in 3 major indexes. Tech sectors led the gains, with 1.23% rise in Nasdaq. The rally was triggered by movements in US Treasury yields, which were observed to fall below 1.7%.
Meanwhile, JCI still tended to be under pressure, in line with the lack of domestic sentiment and news from the European continent. Investors will look at the increase in Covid-19 cases in several European countries that may trigger lockdown policies and the development of the Turkish currency crisis. Today, JCI is expected to be in the range of 6,296-6,300.
Download full report HERE.
