NEW YORK (dpa-AFX) – A disappointing outlook from the chip company Broadcom slowed down the Nasdaq technology exchange on Thursday after the extensive AI record rally. The leading index NASDAQ 100 lost 0.53 percent to 30,407.81 points. It had previously fallen by up to 1.6 percent.
The market-wide S&P 500 gained 0.41 percent to 7,584.31 points, but remained without a record. Because investors switched to standard stocks, only the Dow Jones Industrial set a record. Wall Street’s leading index rose by 1.73 percent to 51,561.93 points, supported by financial and health stocks.
As for the situation in the Middle East, there was somewhat more hope for an effective ceasefire in Lebanon, even though the Hezbollah militia has rejected terms negotiated with Israel. Oil prices fell, but this was not reflected in technology stocks. A 12.6 percent price slide at Broadcom dragged down several chip stocks on the Nasdaq that had recently done well./tih/he