Dow Jones and S&P500 closed sideways, while Nasdaq fell at the end of trading (27/04/2021). Market participants tend to wait and see amid the stock markets which are near the all-time high, as well as the start of Federal Reserve meeting. Meanwhile, the release of US Consumer Confidence data stands at 121.7, the highest position in the last 14 months.
From the domestic market, JCI has begun to weaken amidst corrections on the majority of global stock markets. The main sentiments are external, such as the explosion of Covid-19 case in India and the US economic recovery which is expected to run swiftly. For today, JCI is expected to continue its consolidation in the range of 5,900 – 6,000.
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