US market once again showed rally for the fourth day in a row. Investors are enthusiastic in responding to plans of Covid-19 vaccine candidate which is currently ongoing trials. This succeeded in masking the release of employment data which grew far below expectations.
JCI movements today will still be influenced by the market’s optimism towards economic recovery in Q3 after the 2Q20 GDP announcement yesterday. Investors have anticipated economic contraction last quarter although the GDP data is lower than expected.
Download full report HERE.
