STSS - Gold Down 1%; Broadcom Shares Jump After Upbeat Results | Benzinga
U.S. stocks traded mixed midway through trading, with the Dow Jones index dipping by more than 200 points on Thursday.
The Dow traded down 0.60% to 38,481.44 while the NASDAQ rose 0.31% to 17,663.22. The S&P 500 also fell, dropping, 0.05% to 5,418.22 .
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Leading and Lagging Sectors
Information technology shares jumped by 1.2% on Thursday.
In trading on Thursday, industrials shares fell by 1.3%.
Top Headline
Shares of Broadcom Inc. (NASDAQ:AVGO) gained around 13% during Thursday's session after the company posted stronger-than-expected results for its second quarter.
The company declared a quarterly dividend of $5.25 per share and also announced a 10-for-1 forward stock split. Broadcom boosted its fiscal year 2024 revenue guidance to approximately $51 billion, up from approximately $50 billion.
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