Broadcom stock (AVGO) back in focus as tariff jitters hit tech ahead of Tuesday reopen
Broadcom rose 2.6% to $351.71 Monday, trading over 31 million shares as prices swung between $344.27 and $354.30. U.S. markets were closed for Martin Luther King Jr. Day and reopen Tuesday. Investors are watching for fallout from new U.S. tariffs on European goods and the PCE inflation report due Thursday. Nasdaq 100 futures fell 1.25% on tariff headlines.