Stock Market Update

24-Jun-26 12:30 ET
Broadcom trades higher after unveiling OpenAI collab chip
Dow +469.39 at 52136.23, Nasdaq +135.27 at 25743.30, S&P +39.14 at 7404.60

[BRIEFING.COM] The S&P 500 (+0.5%), Nasdaq Composite (+0.5%), and DJIA (+0.9%) trade in a stable range shortly after midday.

While chipmakers are posting mixed performances, Broadcom (AVGO 385.67, +5.52, +1.45%) is a standout among the group after unveiling its debut custom chip with OpenAI called Jalapeno, according to CNBC. The PHLX Semiconductor Index remains flat. 

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