Jakarta. Indonesia’s stock market is closed on Monday through Feb. 17 as the country celebrates the Lunar New Year holiday, pausing domestic trading activity at the start of the week.

In the most recent session before the break, the Jakarta Composite Index finished at 8,212, down 53.08 points or 0.64% on Friday (Feb. 13).

Global markets offered mixed cues. US stocks steadied on Friday after an encouraging inflation update eased investor concerns about the economic impact of artificial intelligence–driven disruption.

The S&P 500 was little changed following a sharp drop a day earlier, while the Dow Jones Industrial Average rose 48 points, or 0.1%, and the Nasdaq Composite slipped 0.2%.

Treasury yields declined after data showed inflation slowed more than expected last month, with overall consumer prices rising 2.4% year-on-year, down from 2.7% in December. A core inflation gauge also cooled to its lowest level in nearly five years, raising expectations that the Federal Reserve may have room to resume interest-rate cuts later this year.

“It’s still too high, but only for now, not forever,” said Brian Jacobsen, chief economic strategist at Annex Wealth Management.

Slower inflation, alongside stronger-than-expected labor market data, suggests the US economy has entered 2026 on firmer footing. Lower borrowing costs, if implemented, could further support growth and equity valuations, though policymakers remain cautious about reigniting price pressures.

On Wall Street, shares of several companies previously viewed as vulnerable to AI disruption stabilized. Nvidia, however, weighed on the market after falling 2.2%, reflecting its outsized influence on the S&P 500.

Across Asia, Japan’s Nikkei initially opened 0.47% higher at 57,212 before paring gains. Hong Kong’s Hang Seng slipped 0.24% to 26,501.

South Korea’s Kospi is at close until Feb. 18 due to Seotdal Geumeum and Seollal holiday while mainland China exchanges are also at close for the Chinese New Year Golden Week running from Feb. 16 to Feb. 22.