All three major US indexes closed higher in trading (24/06); with S&P 500 and Nasdaq setting new records. President Joe Biden announced a nearly $1 trillion infrastructure deal. On the other hand, investors will also be watching the release of one of the key inflation data this Friday.
Contrary to the majority of global markets, JCI continued the decline for 2 days in a row. The soaring new daily cases of Covid-19 in Indonesia, which reached 20,000, will be the main focus of market participants. Towards the end of the week, JCI is expected to move in the range of 6,000 – 6,130.
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