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U.S. Markets Trade Lower on Bank Exposures to Sovereign Debt

posted by Avatar eToro 257 days ago in USD, Fundamental, Daily made popular 257 days ago

U.S. tech stocks were leading the rest of the market when Broadcom Corp. announced that it would acquire NetLogic Microsystems Inc. for $3.7 billion. NetLogic shares climbed 50% after the announcement. NetLogic specializes in semiconductors used in wireless base stations for cellphone networks. Broadcom shares rose 9% as well. Chip stocks up on the
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