Gold Down 1%; Broadcom Shares Jump After Upbeat Results

Benzinga ·  Jun 14 00:07

U.S. stocks traded mixed midway through trading, with the Dow Jones index dipping by more than 200 points on Thursday.

The Dow traded down 0.60% to 38,481.44 while the NASDAQ rose 0.31% to 17,663.22. The S&P 500 also fell, dropping, 0.05% to 5,418.22 .

Leading and Lagging Sectors

Information technology shares jumped by 1.2% on Thursday.

In trading on Thursday, industrials shares fell by 1.3%.

Top Headline

Shares ofBroadcom Inc. (NASDAQ:AVGO) gained around 13% during Thursday's session after the company posted stronger-than-expected results for its second quarter.

The company declared a quarterly dividend of $5.25 per share and also announced a 10-for-1 forward stock split. Broadcom...

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