Nasdaq leads stocks higher as Broadcom surges

Dow, S&P 500 cap weekly losses, Broadcom surges 24% to top $1 trillion market cap

Stocks ended the session little changed on Friday despite Broadcom’s (AVGO) jump to all-time highs driven by the chipmaker’s bullish AI-fueled sales forecast. The S&P 500 (^GSPC) closed flat while the tech-heavy Nasdaq Composite (^IXIC) gained 0.1%. The Dow Jones Industrial Average (^DJI) slipped 0.1% The S&P 500 and Dow posted weekly losses, with the…

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