Wall Street Ends Mixed as Broadcom Drags Tech, European Stocks Gain; Oil Dips

GLOBAL MARKET - NEW YORK. Global stocks inched higher in choppy trading on Thursday, with European gains followed by a mixed session on Wall Street as investors weighed a snag in AI momentum, while oil prices fell, dragged by a ceasefire between Israel and Lebanon.

In the U.S., the benchmark S&P 500 reversed early losses to finish higher, and the Dow Jones Industrial Average hit a record closing high while the Nasdaq edged lower, as technology shares drove losses and healthcare and financial stocks led gains.