Wall Street opened trading in 2021 with a massive sell-off that caused all three major markets to decline. Market participants are concerned about the number of Covid-19 cases that has not decreased as well as the vote count results in the state of Georgia that will determine control of the senate seats.
From the domestic market, after recording significant gains supported by improved economic data, the room for the JCI to increase tends to be more limited. For today, the movement of the benchmark index will likely consolidate in the range 6,023 – 6,143.
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