U.S. Broadcom closed flat despite 24% surge in 3 major indexes

U.S. chipmaker Broadcom jumped more than 20%, but all three major indexes of the New York Stock Exchange closed flat with little change ahead of the Fed's interest rate announcement next week.

On the New York Stock Exchange, the Nasdaq rose 0.1% and the Dow shed 0.2%.

The S&P 500 fell 0.16 points, leaving the percentage unchanged.

Meanwhile, U.S. semiconductor company Broadcom surged 24% due to better-than-expected earnings reports, surpassing $1 trillion in market capitalization for the first time ever.

Other semiconductor stocks also joined the rally, with Marvel Technology jumping more than 10% and TSMC and Micron Technology rising more than 4%, but Nvidia and AMD fell more than 2%.

The market noted the Fed's interest rate decision scheduled for next week despite a surge in Broadcom, and analyzed that the overall stock market remained unchanged.