Wall Street posted significant gains in trading (07/10); led by Nasdaq, which gained more than 1%. The US Senate has reached an agreement to raise the debt ceiling; so it is sufficient to meet the payment of debt obligations until December. Meanwhile, the weekly jobless claims figure was reported at 326K; down 38 thousand compared to the previous week.
In contrast to the majority of global exchanges, JCI closed sideways after rising quite significantly since the end of September. The movement of the stock exchange was supported by big caps stocks in the consumer sector; while the energy sector began to recover. Towards the end of the week, JCI is projected to continue consolidating in the 6,400-6,500 area.
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