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Stock impact report

The divergence in the indices now narrowing [Globe and Mail, The (Toronto, Canada)]

Broadcom Inc. (AVGO) 
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Traders brushed off the disappointing ADP report, instead betting that weaker employment data could increase the chances of an interest rate cut next week. Microsoft's early decline threatened market sentiment, but buyers prevented major losses in other sectors. Russell futures found support at 2468.1 and moved higher, likely boosted by renewed attention from short-term traders reacting to the ADP data. This index, which has mostly been moving sideways or down recently, is getting another look. Technically, the Nasdaq Composite is consolidating within a range dating back to early November but remains above the 50-day moving average at 22985.38 and the near-term 50% retracement level at 22959.14, indicating an upward bias. Are Indexes giving us a clear signal towards a potential rally into year-end? Not exactly, but the overall tone is cautiously optimistic. The Dow's gains are stabilizing the market, even as tech stocks weigh on the Nasdaq. Microsoft dropped nearly 2% after reports Show less Read more
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