Wall Street closed mixed in trading (04/01); marked by a record all-time high on the Dow Jones to 36,799. Market participants are seen rotating to the Financial sector; anticipating plans to increase interest rates from the Federal Reserve. Meanwhile, the US Manufacturing PMI index reportedly fell to the level of 57.7 in December 2021 from 58.3 in the previous month.

Domestically, JCI resumed its rally in the beginning of the year with an increase of 0.45% to 6,695; led by the technology sector which rose 4.49%. The government decided to implement PPKM level 2 in several provinces including DKI Jakarta on January 4-17, 2022. Technically, the JCI still has the potential to strengthen, with a limited range of movement at 6,650-6,750.

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