US benchmark equity indexes ended mixed Friday as markets looked to the Federal Reserve's monetary policy decision due next week.
* The odds of the Federal Open Market Committee lowering interest rates by 25 basis points next week reached 97% Friday, up from 86% a week earlier, according to the CME FedWatch tool.
* Import prices rose by 0.1% in November, above a 0.2% decline expected in a survey compiled by Bloomberg, and were up 0.2% excluding a 0.4% gain in petroleum prices, above expectations for a flat reading. Export prices were flat in November, above the 0.3% decline expected, and were up 0.1% excluding a 0.4% drop in agricultural prices.
* January West Texas Intermediate crude oil closed up $1.27 to settle at $71.29 per barrel, while February Brent crude, the global benchmark, was last seen up $1.12 to $74.53 on expectations of new sanctions on Russian exports.
* Broadcom (AVGO) shares surged nearly 24% after the chipmaker logged stronger-than-expected fiscal Q4 earnings late Thursday.
* Under Armour's (UAA) class A shares were down 7.8% in afternoon trading. The sportswear company's turnaround initiatives are generally encouraging, but visibility into forward growth remains limited at this stage, Truist Securities said in a note to clients.
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