• Wall Street dips on chips weakness

    11 days ago - By Reuters

    U.S. stocks ended lower Friday. As Fred Katayama reports, a warning from Broadcom of a broad weakening in global demand weighed on chipmakers.
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  • Wall Street ends down; Broadcom warning hits chip stocks

    11 days ago - By Reuters

    U.S. stocks ended lower on Friday as investors were cautious going into next week's Federal Reserve meeting, while a warning from Broadcom of a broad weakening in global demand weighed on chipmakers and added to U.S.-China trade worries.
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  • Semiconductor stocks fall amid worsening US-China trade tension

    11 days ago - By ETF Daily News

    From Fred Imbert :
    Stocks fell on Friday after a sharp decline in Broadcom shares put other chipmakers and the broader tech sector under pressure.
    The Dow Jones Industrial Average slid 17.16 points, or 0.1%, to 26,089.61. The S&P 500 declined by 0.2% to 2,886.98 as the tech sector dropped 0.8%. The Nasdaq Composite lagged, falling 0.5% to 7,796.66.
    Broadcom fell more than 5% after the chipmaker posted weaker-than-expected revenue for the previous quarter and cut its guidance for 2019, citing “ broad-based ” demand weakness and the U.S. crackdown on Huawei. The VanEck Vectors Semiconductor...
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  • Broadcom, Exxon fall while Facebook, ArQule rise

    11 days ago - By Chron

    NEW YORK - Stocks that moved substantially or traded heavily on Friday:
    Broadcom Inc., down $15.68 to $265.93
    The chipmaker cut its full year revenue forecast citing restrictions on sales to Chinese companies, including Huawei.
    Innovative Industrial Properties Inc., up $7.57 to $108.48
    The real estate company announced a 33% increase in its quarterly dividend.
    Exxon Mobil Corp., down 33 cents to $74.35
    Energy stocks dropped a day after leading Wall Street higher following attacks on oil tankers near the strategic Strait of Hormuz.
    Louisiana-Pacific Corp., up 81 cents to $25.68
    The building...
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  • Wall Street ends slightly lower with Fed in focus

    11 days ago - By Reuters

    U.S. stocks ended lower on Friday, with investors cautious going into next week's Federal Reserve meeting, while a warning from Broadcom of a broad weakening in global demand weighed on chipmakers.
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  • Wall Street steadies, Broadcom warning hits chip stocks

    11 days ago - By Reuters

    U.S. stocks were flat to lower in late afternoon trading on Friday, though a warning from Broadcom of a broad weakening in global demand weighed on chipmakers.
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