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Broadcom Inc. (NASDAQ: AVGO ) stock fell more than 1% Thursday as investors weighed fresh scrutiny of its data center switch business in China against broader weakness in technology stocks. The Nasdaq slipped 0.06%, while the Technology sector fell 0.36%, adding to pressure on Broadcom shares. China Targets Broadcom De
The S&P 500 clawed back most of its morning decline at midday Thursday after sources told Reuters that U.S. and Iranian negotiators meeting in New York are discussing a phased deal that would have Tehran reopen the Strait of Hormuz in exchange for Washington lifting its economic blockade of Iran. The headlines took som