![Nasdaq turns red even as Broadcom soars 20%; S&P 500 on track to end week lower Nasdaq turns red even as Broadcom soars 20%; S&P 500 on track to end week lower](https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1439138405/image_1439138405.jpg?io=getty-c-w750)
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Wall Street on Friday gave up its opening gains to dip lower, though chip and semiconductor stocks got a shot in the arm from a post-earnings jump in Broadcom (AVGO).
The tech-heavy Nasdaq Composite (COMP:IND) added nearly 1% immediately after the opening