S&P 500 Gains and Losses Today: Broadcom Soars on Reports of Apple AI Chip Tie-Up
Key Takeaways The S&P 500 gained 0.8% on Wednesday, Dec. 11, 2024, as data showed inflation remaining sticky but matching forecasts, bolstering rate-cut expectations.Broadcom shares surged following reports that the semiconductor firm will partner with Apple on a new AI chip.