Broadcom Boosts Tech Stocks as Market Rallies
TL;DR Summary
Tech stocks led the market higher on Friday, with Broadcom soaring over 21% after strong AI-related earnings, while Nvidia and Tesla also saw gains. The Dow Jones rose 0.2%, the S&P 500 climbed 0.4%, and the Nasdaq increased by 0.7%. Meanwhile, the 10-year Treasury yield ticked up to 4.35%, and oil prices continued to rise. Other notable stock movements included Costco's drop after mixed earnings and IBM nearing a buy point.
- Tech Futures Lead As AI Giant Soars Investor's Business Daily
- Stock market today: Nasdaq leads stocks higher as Broadcom surges Yahoo Finance
- Broadcom, Nvidia, Costco, RH, Tesla, EVgo, Salesforce, ServiceTitan, and More Movers Barron's
- Dow Jones Today: Stock Futures Rise as Broadcom Leads Chipmakers Higher Investopedia
- SNAPSHOT Wall St opens higher after Broadcom's upbeat forecast Reuters
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