The three major US indexes simultaneously posted new highs at the close of trading (17/12/2020). Investors seemed increasingly optimistic that a stimulus package agreement will be reached soon. In addition, the market is also waiting for the approval of the distribution permit for Moderna’s vaccine by the US government.
Domestically, even though yesterday it weakened slightly, JCI was still able to hold above 6,100. However, investors will still be watching the potential for profit taking towards the end of the week. For today, JCI is expected to move in the range 6,075-6,160.
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