Stock Market Today: Nasdaq Hits Fresh Record As Broadcom Surges, Tops $1 Trillion Market Cap (Live Coverage)

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Wall Street found more good cheer in the stock market today, particularly in the technology sector. The Nasdaq composite outperformed early Friday, up 0.5%, helped by an upside breakout for Broadcom (...

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The Nasdaq composite outperformed early Friday, up 0.5%, helped by an upside breakout for Broadcom (...</p>\n\n<a href=\"https://www.investors.com/market-trend/stock-market-today/nasdaq-dow-jones-sp500-broadcom-stock-nvidia-stock/\">Source Link</a>\n\n</div>\n","source":"investor_business_daily_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Market Today: Nasdaq Hits Fresh Record As Broadcom Surges, Tops $1 Trillion Market Cap  (Live Coverage)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Market Today: Nasdaq Hits Fresh Record As Broadcom Surges, Tops $1 Trillion Market Cap  (Live Coverage)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-13 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/market-trend/stock-market-today/nasdaq-dow-jones-sp500-broadcom-stock-nvidia-stock/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street found more good cheer in the stock market today, particularly in the technology sector. The Nasdaq composite outperformed early Friday, up 0.5%, helped by an upside breakout for Broadcom (...</p>\n\n<a href=\"https://www.investors.com/market-trend/stock-market-today/nasdaq-dow-jones-sp500-broadcom-stock-nvidia-stock/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TRV","symbol_name":"旅行者财产险集团","start_time":0,"source_url":"https://www.investors.com/market-trend/stock-market-today/nasdaq-dow-jones-sp500-broadcom-stock-nvidia-stock/","article_id":"2491704143","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2017/05/stock-bull-bear-figurines-close-1-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2491704143","pubTimestamp":1734103410,"columns":[],"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"A big move for Broadcom in the stock market today helped fuel big gains for other AI-related chip stocks like Marvell and Arm.","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TRV":"旅行者财产险集团","NVD":"GraniteShares 2x Short NVDA Daily ETF","USAW.SI":"AMZN 3xLongSG261006","QID":"纳指两倍做空ETF","NVDD":"Direxion Daily NVDA Bear 1X Shares","AXP":"美国运通","NDAQ":"纳斯达克OMX交易所","TQQQ":"纳指三倍做多ETF","NVDA":"英伟达","COST":"好市多","AVGOP":"BROADCOM INC PFD SER A 22","NVDS":"Tradr 1.5X Short NVDA Daily ETF","3NVD.UK":"LS 3X NVIDIA","IVV":"标普500指数ETF","AVGO":"博通","NVDU":"Direxion Daily NVDA Bull 2X Shares","PSQ":"纳指反向ETF","USJW.SI":"ALPHAB 3xLongSG261006","ARM.AU":"Anax Metals","RH":"Restoration Hardware Holdings","2NVD.UK":"2X NVIDIA ETP","QLD":"纳指两倍做多ETF","VOO":"Vanguard标普500ETF","UPRO":"三倍做多标普500ETF","NVDX":"T-REX 2X LONG NVIDIA DAILY TARGET ETF","MRVL":"迈威尔科技",".SPX":"S&P 500 Index","ANET":"Arista Networks, Inc.","ARM":"ARM Holdings","OEX":"标普100",".IXIC":"NASDAQ Composite","NVDY":"YIELDMAX NVDA OPTION INCOME STRATEGY ETF","NVD2.UK":"2X NVIDIA ETP","AXP.AU":"AXP Energy Ltd","SPY":"标普500ETF","SNVD.UK":"LS -1X NVIDIA","TSYW.SI":"TESLA 3xLongSG261006"},"translate_title":"今日股市：博通股价飙升，市值突破1万亿美元，纳斯达克创下新纪录（现场报道）","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AVGOP":1,"MRVL":1,"NDAQ":1,"NQmain":1,"NVDA":1,".IXIC":1,"COST":1,"AXP.AU":1,"AXP":1,"AVGO":1,"ARM.AU":1,"ARM":1,"ANET":1,"TRV":1,"RH":1,"VOO":0.83,"SPY":0.83,"US5Y.BOND":0.62,"US3Y.BOND":0.62,"US30Y.BOND":0.62,"US6M.BOND":0.62,"US2Y.BOND":0.62,"US12M.BOND":0.62,"US10Y.BOND":0.62,"US7Y.BOND":0.62,"UPRO":0.6,"TSYW.SI":0.6,"USAW.SI":0.6,"TQQQ":0.6,"USJW.SI":0.6,"NVDX":0.6,"NVDD":0.6,".SPX":0.6,"2NVD.UK":0.6,"3NVD.UK":0.6,"ESmain":0.6,"MNQmain":0.6,"IVV":0.6,"NVD":0.6,"NVD2.UK":0.6,"SNVD.UK":0.6,"NVDS":0.6,"NVDU":0.6,"NVDY":0.6,"OEX":0.6,"PSQ":0.6,"QID":0.6,"QLD":0.6},"content_text":"Wall Street found more good cheer in the stock market today, particularly in the technology sector. The Nasdaq composite outperformed early Friday, up 0.5%, helped by an upside breakout for Broadcom (AVGO), which jumped more than 15% during the first half hour of trading. Fellow AI stock Nvidia (NVDA) followed Broadcom stock higher with a milder gain of 1%.\nThe Nasdaq 100 outperformed the composite, up 1%, helped by strength in other AI-related chip names like Marvell Technology (MRVL) and Arm Holdings (ARM). Arm extended gains after clearing a trendline Thursday. Now it has its sights set on a 164.16 entry.\n\n\n\n↑\nX\n\n\n\n\nStocks Pull Back From Record Highs: Confluent, Quanta Services, Waystar In Focus\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nStocks Pull Back From Record Highs: Confluent, Quanta Services, Waystar In Focus\n\n\n\n\nStock Market Today\nBut indexes faded after the first half-hour of trading.\nThe S&P 500 trimmed its gain to 0.2%, while the Dow Jones Industrial Average was flat and the Russell 2000 small-cap index fell 0.3%. Headed into Friday, the S&P 500 was down 0.6% for the week, while the Nasdaq's weekly gain was around 0.2%. Weekly declines for the Dow Jones industrials and Russell 2000 were 1.6% and 1.9%, respectively.\nVolume on the NYSE and Nasdaq exchange was slightly lower compared to the same time Thursday. The Nasdaq composite on Thursday suffered its second distribution day this week, falling 0.7% in higher volume. The first one was on Monday, when the index fell 0.6%, also in higher volume. It's important to keep tabs on distribution days on the Nasdaq and S&P 500. When they start to cluster, it almost always causes problems for a stock market uptrend.\nStock market breadth was slightly negative on both exchanges. Breadth has been a bit lackluster post-Thanksgiving as several large-cap technology stocks have resumed leadership roles.\n\nSee Which Stocks Are In The Leaderboard Model Portfolio\n\nBesides Nvidia, American Express (AXP) and Travelers (TRV) also outperformed in the Dow with gains of around 1%.\nArista Networks (ANET) was a top gainer in the S&P 500, up around 4%. Arista uses Broadcom chipsets in its networking switches for data centers.\nThe 10-year Treasury yield added another four basis points to 4.36% and is up nearly 21 basis points so far this week — one reason why small caps have started to lag — ahead of next week's Federal Reserve meeting. The two-day meeting concludes Wednesday with the policy statement due at 2 p.m. ET. The Fed is widely expected to cut its key lending rate by another 25 basis points to a range of 4.25% to 4.5%.\nStocks On The Move\nStocks held decent gains during the first half-hour of trading as the Nasdaq composite moved above the 20,000 level again to an all-time high.\nBroadcom reported fiscal Q4 earnings and revenue that were mostly in line with expectations. But growth accelerated for the second straight quarter, and investors liked news that full-year AI revenue more than tripled to $12.2 billion. CEO Hock Tan also said the company is developing custom AI chips with three large cloud customers.\nBroadcom scored a chart breakout Friday, gapping out of a double-bottom base with a 185.05 entry. Its market capitalization topped $1 trillion for the first time.\nEarnings reports in the retail sector were also in focus. Leaderboard stock Costco (COST) rallied after earnings topped expectations and revenue came in mostly in line with expectations. Membership fees totaled $1.17 billion, up 8% year over year. E-commerce sales increased 13%.\nRH (RH), formerly known as Restoration Hardware, surged nearly 14% after the company reversed a year-ago loss with adjusted profit of $2.48 a share. Revenue increased 8% to $811.7 million even though CEO Gary Friedman cited a weak housing market.\nInvestors liked full-year revenue guidance of 6.8% to 7.2%, up slightly from prior guidance of 5% to 7%. Note that some of RH's move today could be due to short covering. Headed into Friday, about 14% of RH's tiny float of 13 million shares was held short.\nFollow Ken Shreve on X @IBD_KShreve for more stock market analysis and insight.\nYOU MAY ALSO LIKE:\nWhy This IBD Tool Simplifies The Search For Top Stocks\nCatch The Next Big Winning Stock With MarketSurge\nBest Growth Stocks To Buy And Watch\nIBD Digital: Unlock IBD's Premium Stock Lists, Tools And Analysis Today","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2491704143"}