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Broadcom booms as Nasdaq nods

Broadcom booms as Nasdaq nods

Episode 512 Published 1 year, 10 months ago
Description

In the prelude to the Federal Reserve's much-anticipated policy-setting meeting, US equity futures took a modest dip on Tuesday morning. Dow Jones Industrial Average futures edged down by 0.4%, S&P 500 futures declined by 0.3%, and Nasdaq futures slipped by 0.3%. The Federal Open Market Committee is set to commence its two-day deliberation today, with a policy statement expected at 2 pm ET on Wednesday. Market analysts are largely predicting a 25-basis-point cut in interest rates. On Wall Street, Broadcom is taking on Nvidia...

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