By Khadija Saeed
Publication Date: 2026-01-20 00:06:00
New York, January 19, 2026, 18:37 EST — Market closed
- Broadcom ended the day 2.6% higher, closing at $351.71, after the stock swung about $10 during the session.
- U.S. markets remained closed Monday in observance of Martin Luther King Jr. Day; trading picks back up Tuesday.
- Traders are zeroing in on new tariff news and the PCE inflation report due Thursday.
Broadcom shares closed up 2.6% at $351.71, swinging between $344.27 and $354.30 during the session. Roughly 31.3 million shares traded hands.
U.S. stock markets remained closed Monday for Martin Luther King Jr. Day, with trading set to resume Tuesday. Broadcom investors now face a day to mull over macroeconomic news ahead of the reopening. (AP News)
The bigger risk for Tuesday is whether fresh tariff threats will worsen the risk-off mood gripping global markets. President Donald Trump announced plans to slap a 10% import tax on goods from eight European countries starting in February. Stephen Innes…
