Asian Stocks Set to Fall, Yen Steady Ahead of BOJ: Markets Wrap [BNN Bloomberg (Canada)]
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Broadcom Inc. (AVGO)
Last broadcom inc. earnings: 3/12 04:15 pm
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Source: BNN Bloomberg
Equity futures for benchmarks in Australia, Japan and Hong Kong all pointed to losses. Treasuries climbed following softer producer price data, while the S&P 500 notched a fourth straight record as Broadcom Inc. led a rally in chipmakers. Only about a third of stocks in the index gained. “The breadth was poor. It was tech that saw all the gains,” said Chris Weston, head of research at Pepperstone Group in Melbourne. “The weights of tech stocks on Asian equity markets is far lower.” Treasury 10-year yields fell seven basis points to 4.24% as the producer price index unexpectedly declined the most in seven months, adding to evidence that inflationary pressures are moderating. Several categories that are used to calculate the Fed's preferred inflation measure — the personal consumption expenditures price index — were softer in May than a month earlier. Separate Labor Department data showed initial applications for US unemployment benefits jumped. “The latest data in hand nudges th
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AVGO
Earnings
- 6/12/24 - Beat
AVGO
Sec Filings
- 6/20/24 - Form 4
- 6/20/24 - Form 4
- 6/20/24 - Form 144
- AVGO's page on the SEC website