The markets trended down most of the week, totally negating any gains from the previous week. By the end of the week, the Dow Jones had dropped over 350 points, and the NYSE lost almost 300 points. The biggest economic concern was fear over how deeply the United States would be impacted by the financial crisis in Europe; although some other economic news brought hope, including decreases in both inflation and jobless claims.
This week, the EU meeting and US budget plan will be the focus. These factors will be the main driver for global market including IHSG.
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