US stocks hit record high after weak jobs data; Broadcom surges

  • Posted on September 5, 2025
  • By Business News Today
  • 1 Views
US stocks hit record high after weak jobs data; Broadcom surges

The S&P 500 and Nasdaq reached record highs on Friday following disappointing August jobs data, fueling anticipation of Federal Reserve rate cuts. Broadcom's strong quarterly earnings further contributed to the positive market sentiment. The Dow Jones Industrial Average also saw a slight increase at the opening bell, reflecting the overall optimistic trend.
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