The three major indices in the United States down in trade (07/23/2020). Prices of large technology stocks such as Apple and Microsoft which experienced a sharp decline supported this drop. In addition, unemployment claims data also increased for the first time since March 2020.
The direction of the JCI movement towards the end of this week will be overshadowed by profit taking after rising significantly cumulatively this week. YCI successfully closed slightly above the 5,140 resistance level yesterday, but investors need to be aware of the decline that occurred in the US stock exchange.
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