The Dow Jones advanced by 3.85% to 24,567 after Moderna reported a positive result of the initial phase COVID-19 vaccine trial. Besides, the Fed’s commitment to unveiling unlimited stimulus to shield the U.S. economy is a positive sentiment for the Dow Jones. Back in the domestic economy, investors closely eye on May’s BI-7DRRR announced today as economists estimate Bank Indonesia (BI) patiently holds BI-7DRRR unchanged at 4.50%.
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