Several industrial blue chips weighed on the Dow on Monday as traders reacted to a bout of weak economic data from China and Europe, but rising shares of technology heavyweight IBM helped to keep the losses in check.
The Dow Jones Industrial Average, as quoted by foxbusiness.com, fell 14.8 points, or 0.11%, to 12963, the S&P 500 slumped 5.3 points, or 0.39%, to 1364 and the Nasdaq Composite dipped 25.7 points, or 0.86%, to 2950.
The JCI today may move in mixed with limited uptrend within 3m955-4,000. Top picks: TBIG, BJBR, BMRI, and WINS.
The JCI today may move within the range of 3,954-4,008 with potential correction. Yesterday, the index slightly dropped 0.49% to 3,984.89.
Minna Padi Investama:
Today, the JCI may move sideways within the range of 3,968-4,008. Watch property stocks: ASRI, CTRA, and MDLN.
Disclosure: No position at the stock mentioned above.
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