Wall Street closed mixed in trading (11/25/2020) with the Dow Jones and S&P 500 declining after setting record highs. Meanwhile Nasdaq still managed to rise, indicating that investors are again eyeing technology stocks. The market responded negatively to the release of higher-than-expected US jobless claims data.
From the domestic market, investors are seen starting to take profit taking after the relatively high JCI hike. Yesterday’s trading was marked by a record high daily transaction value of IDR18.6 trillion. For today, JCI is likely to continue declining with a range of 5,650-5,685.
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