The Dow Jones pointed to a 2.24% gain to close at 21,413 amid the negative impacts of COVID-19 containment by means of the physical distancing to cause the grim facts of soaring jobless claims and dysfunction economy. But, the curb on oil output as much as 10 million barrels was a potent driver for the Dow’s gains. Back to the domestic backdrop, IHS Markit reported Indonesia PMI in March 2020 to stand at 45.3 lower than Feb’s 51.9 and the all-time low since the initial PMI reading in April 2011.
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