Wall Street managed to rebound at the close of trading (02/11/2020), a day before the 2020 presidential election. The stock market had positive sentiment from US manufacturing activity data which rose significantly to the level of 59.3 from 55.7 in the previous month.
Domestically, the JCI weakening yesterday was in contrast to the rally that occurred in almost all global exchanges. In today’s trading, JCI will continue its consolidation in the range 5.063 – 5,168 with limited opportunities to strengthen supported by economic data showing slight improvement.
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