Stockreport
US stocks drift ahead of a week full of economic updates [Yahoo! Finance Canada]
Last broadcom inc. earnings: 3/12 04:15 pm
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US:NASDAQ Investor Relations: investors.broadcom.com
week full of economic reports that could drive where interest rates, and thus stock prices, go. The S&P 500 was virtually unchanged in morning trading, coming off its first losing week in the last three. The Dow Jones Industrial Average was up 5 points, or less than 0.1%, as of 10 a.m. Eastern time, and the Nasdaq composite was 0.2% lower. Helping to keep the overall market in check were stocks in the artificial-intelligence industry, which were mixed following their scary swings last week Nvidia , the chip company that's become the face of the AI boom, rose 1.1%. It was one of the strongest forces pushing upward on the S&P 500 Monday after dropping 4.1% last week. But Oracle sank another 4.3% following its 12.7% tumble last week, which was its worst in more than seven years. Broadcom fell 2.7%. AI stocks have been shaky on worries that all the billions of dollars flowing into chips and data centers may not produce a big-enough payoff of profits and productivity to make it w
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