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Stock impact report

Asian markets retreat ahead of US jobs as tech worries weigh [Yahoo! Finance]

Broadcom Inc. (AVGO) 
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Company Research Source: Yahoo! Finance
After a healthy tech-led run-up this year, traders appeared to be seeing it out on a tepid note amid questions over the huge sums pumped into artificial intelligence and indications the Federal Reserve will pause cutting interest rates. All eyes are on the release later in the day of US November jobs data and the delayed reading for October, which will be followed on Thursday by consumer price index figures. The readings will be pored over for some idea about the Fed's plans for borrowing costs as officials debate whether or not to continue lowering them in January. Comments from decision-makers show the policy board split, with recent reductions coming on the back of worries about the weakening labour market but concern now turning to stubbornly high inflation. Governor Stephen Miran -- an appointee of Donald Trump -- warned that rates are still too high, while New York Fed boss John Williams said they were at about the right place and Boston president Susan Collins called t Show less Read more
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