Major markets in Wall Street booked significant up on market closing (12/08/2020). The S&P 500 even touched its highest record booked last February. Investors are observing new Covid-19 cases in the US which has started to show downward trend.
Meanwhile, JCI was also still continuing its rally approaching pre-pandemic level in last March. Overall, investors are still optimistic about economic recovery amid the high number of new cases. However the JCI is prone to profit taking action today after experiencing highs since the beginning of the week.
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