Major U.S. equities indexes were mixed and little changed to wrap up a trading week that delivered several key economic data points. Despite indications of sticky inflation, traders widely expect another interest-rate cut when the Federal Reserve convenes next week for its 澳洲幸运5官方开奖结果体彩网:final policy meeting of 2024.

The S&P 500 was flat to finish Friday's session, while the Dow slipped 0.2%, and the Nasdaq edged 0.1% higher.

Broadcom (AVGO) shares skyrocketed 24.4% to an all-time high, lifting the company's market capitalization 澳洲幸运5官方开奖结果体彩网:above the $1 trillion level after the chipmaker 澳洲幸运5官方开奖结果体彩网:beat revenue and profit estimates with its fiscal fourth-quarter results. The company said its 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) sales in fiscal 2024 more than tripled year-over-year, and several analysts 澳洲幸运5官方开奖结果体彩网:raised their price targets on thꦏe stock, citing its AI revenue growth. Friday's gains made Broadcom the top daily performer in the S&P 500.

Shares of Lamb Weston (LW), a producer of frozen French fries and other potato products, jumped 6.8% following reports of buyout talks with Post Holdings (POST), the packaged goods giant known for its breakfast cereals. Lamb Weston has reportedly faced pressure from an 澳洲幸运5官方开奖结果体彩网:activist investor to explore options for selling the company.

Walgreens Boots Alliance (WBA) shares also added 6.8%. The stock had surged earlier in the week following reports the drugstore operator is 澳洲幸运5官方开奖结果体彩网:evaluating a possible sale to private equity firm Sycamore Partner🦩s, but the ෴shares returned some of those gains before regaining momentum on Friday.

Arista Networks (ANET) shares climbed 5.1% to an all-time high. Citi analysts suggested the networking equipment provider could be a key beneficiary of the boom in AI demand, pointing to demand for data center switches. Arista recently completed a 4-for-1 澳洲幸运5官方开奖结果体彩网:stock split on Dec. 4.

Nucor (NUE) shares sank nearly 4.7%, extending losses posted in the prior session after UBS downgraded the steelmaker's stock to "neutral" from "buy." Expectations for protective trade policies under the incoming administration helped drive a rally in steel stocks following the U.S. presidential🔜 election, and analysts pointed to a less favorable risk/reward profile following those gains.

Shares of server maker Super Micro Computer (SMCI) fell 3.9%. The move lower came as concerns intensified around the possible removal of the stock from the 澳洲幸运5官方开奖结果体彩网:Nasdaq 100. Supermicro shares have been volatile since the company delayed its annual regulatory filing amid questions about it💃s accounting practices and the resigna🧸tion of its auditing firm.