Broadcom (NASDAQ: AVGO) stock posted explosive gains in Wednesday’s trading amid a dramatic recovery for the broader market. The company’s share price closed at 18.3% in the daily session. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq Composite (NASDAQINDEX: ^IXIC) ended the day’s trading with gains of 9.5% and 12.1%, respectively.
Stocks surged today after President Trump announced a 90-day pause on reciprocal tariffs. Excluding China, imported goods from all other…
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