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US stocks close flat as Nasdaq extends weekly gains, S&P 500 and Dow dip

U.S. stocks closed out the trading week near the unchanged mark in a subdued session on Friday, with the S&P 500 and Dow posting weekly declines, while the Nasdaq secured its fourth consecutive week of gains. Chip stocks were mixed, with Broadcom rival Marvell Technology rising 10.8%, while AI bellwether Nvidia closed 2.2% lower. Yields on U.S. Treasuries rose across the board, with ones on the benchmark 10-year bond hitting a three-week high.

Brazil Central Bank Steps In to Cap Market’s ‘Unhinged’ Week

(Bloomberg) -- Brazil markets fell on Friday, capping a turbulent week for Latin America’s largest economy that saw its currency post some of the sharpest gains — and some of the sharpest losses — among global peers in the aftermath of an outsize interest rate hike and President Luiz Inacio Lula da Silva’s sudden health crisis.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfBrace for a Nationwide Shuffle of Corporate Headquar

Stock market today: Wall Street ends mixed after a bumpy week

Major stock indexes on Wall Street drifted to a mixed finish Friday, capping a rare bumpy week for the market. The benchmark index posted a loss for the week, its first after three straight weekly gains. The Dow Jones Industrial Average slipped 0.2%, while the Nasdaq composite rose 0.1%, ending just below the record high it set on Wednesday.

Wall Street Weighs ‘Hawkish Cut’ While Tech Shines: Markets Wrap

(Bloomberg) -- This year’s frontrunners, big technology stocks, set a record while Treasuries sank as investors braced for a slowdown in the pace of the Federal Reserve’s interest-rate cuts ahead of a meeting next week.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfBrace for a Nationwide Shuffle of Corporate HeadquartersCity Hall Is HiringAmerican Institute of Architects CEO ResignsThe Nasdaq 100 climbed for the fourth week

Death of Nasdaq Diversity Rule Signals More Trouble for DEI

(Bloomberg) -- The message from Nasdaq as the Black Lives Matter movement exploded across the US: push for diversity – or prepare to explain.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfBrace for a Nationwide Shuffle of Corporate HeadquartersCity Hall Is HiringAmerican Institute of Architects CEO ResignsFour years later, a federal appeals court has struck down an attempt by Nasdaq’s US exchange – home of Apple Inc, Nvidia

Fee War Kicks Off for One of Wall Street’s Hottest ETF Trades

(Bloomberg) -- Single-stock ETFs have been one of Wall Street’s hottest trades this year thanks to eye-popping returns and billions of dollars in inflows. Now, one issuer is kicking off a fee war in a bid to stand out and attract new cash. Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfBrace for a Nationwide Shuffle of Corporate HeadquartersCity Hall Is HiringAmerican Institute of Architects CEO ResignsLeverage Shares, which