US markets closed lower at the end of trading last week, marked by the collapse of technology shares. In addition, concerns about the impact of economic contraction in Q2 and the continuing conflict with China are also still a negative sentiment.

For the JCI movement this week, investor focus will also be on the latest developments of the US-China conflict, where the Chinese government has ordered the closure of the US consulate in Chengdu in retaliation. It is feared that this will disrupt the commitment of the phase 1 trade agreement.

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