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SNAPSHOT S&P 500, Nasdaq hit record high after weak jobs data. Broadcom surges.
stock :: 2025-09-05 :: source - reuters
By Reuters
Traders work on the floor of the New York Stock Exchange. REUTERS
(Reuters) - The S&P 500 and the Nasdaq hit record highs on Friday after weaker-than-expected August jobs data bolstered expectations for Federal Reserve rate cuts, while chipmaker Broadcom gained following strong quarterly earnings.
This week on Reuters
The Dow Jones Industrial Average (.DJI) rose 35.2 points, or 0.08%, at the open to 45,656.49. The S&P 500 (.SPX) rose 27.0 points, or 0.42%, at the open to 6,529.08, while the Nasdaq Composite (.IXIC) rose 152.7 points, or 0.70%, to 21,860.441 at the opening bell.
Reporting by Ragini Mathur in Bengaluru; Editing by Pooja Desai
Reuters report
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