The main US markets declined at the close of trading (17/09/2020), triggered by the decline in share prices of technology companies. Investors are beginning to
interpret the Fed’s decision to keep interest rates low as a sign that economic recovery will take a long time.
From the domestic market, the stock market today still lacks positive sentiment after Bank Indonesia’s decision to maintain its benchmark interest rate. However, despite moving in a downtrend phase, JCI today has a limited chance of rebounding after yesterday’s success in closing the gap with lower foreign net sells.
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