Wall Street closed mixed at trading closing (23/02/2021), with Dow Jones and S&P500 slightly higher. Meanwhile, Nasdaq continued to weaken despite a slight rebound in technology stocks. The head of Federal Reserve, Jerome Powell, dismissed concerns over potential inflation pressures following an increase in bond yields.
From the domestic stock exchange, although JCI was still able to strengthen yesterday, it has not been able to move from its natural consolidation. The gain was supported by TLKM shares which rose 9.46% after the exposure of several corporate action plans. Today, JCI is expected to move in the range of 6,241-6,314.
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