The markets ended solidly to the upside, although well off of session highs, as traders grappled with media reports that Standard & Poor's warned several euro zone countries that they might get downgraded in the next three months.
The Dow Jones Industrial Average, as quoted by foxbusiness.com, rose 78.4 points, or 0.65%, to 12,098, the S&P 500 gained 12.8 points, or 1%, to 1,257 and the Nasdaq Composite jumped 28.4 points, or 1.1%, to 2,656. How about Indonesia stock market today? Bisnis Indonesia provides stock recommendations today:
The JCI today may move sideways with resistance level of 3,822. Second line stocks are expected to dominate the market. Several stocks to watch: ADRO, BMRI, and HRUM.
Technically, the index may further gain within the range of 3,750-3,825. Several stocks for day trading: SMGR, INTP, SMCN, and BBRI.
Disclosure: No position at the stock mentioned above.
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