NEW YORK (Reuters) – The New York Stock Exchange ended without much change on Friday at the end of a sluggish session.

Only the Nasdaq Composite index, supported by the action of the semiconductor manufacturer Broadcom (+24%) and the enthusiasm around artificial intelligence, performed well by closing up 0.12%. , at 19,926.72 points.

The Dow Jones index fell 0.20%, or 86.06 points, to 43,828.06. The broader S&P-500 finished stable at 6,051.09 points.

The Nasdaq, which crossed the 20,000 point mark on Wednesday, ended the week up for the fourth consecutive week.

It was supported by earnings targets announced Thursday evening by Broadcom, which predicted strong growth in demand for its artificial intelligence chips over the coming years.

The company saw its market capitalization cross the threshold of $1,000 billion for the first time.

The semiconductor sector sub-index increased accordingly (+3.2%).

Awaiting the meeting of the Federal Reserve’s monetary policy committee on Tuesday and Wednesday, which is expected to mark a further rate cut, US Treasury yields rose as investors anticipated a pause in the bank’s easing policy. central from January.

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(Echo Wang, with Purvi Agarwal and Shashwat Chauhan in Bangalore, Jean-Stéphane Brosse for the )

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