Broadcom (AVGO.O) U.S. stocks fell 4% after hours.

Broadcom (AVGO.O) expects fiscal 2024 revenue of $50 billion.

Investment Company Institute (ICI): Money market fund assets reached $6.08 trillion, continuing to hit a record high.

U.S. consumer credit in January was US$19.49 billion, compared with US$9.25 billion expected and the previous value of US$1.561 billion.

United Steelworkers (USW): "No progress" made in meeting with Japanese steel companies.

U.S. natural gas futures extended their decline, with the decline widening to 5%.

Turkish Presidential Palace: Ukrainian President Zelensky will visit Türkiye on Friday.

Investment bank Evercore: predicts that the Federal Reserve will cut interest rates in June; merger and acquisition activity will increase.

Hang Seng Index futures closed up 0.54% in night trading at 16,329 points, a 99-point premium.

According to the British Financial Times: Reddit targets US$31 to US$34 per share, with a valuation of up to US$6.5 billion.

According to the Financial Times: US social media platform Reddit plans to price US IPO stocks on March 20.

Hamas official: Israel aims to secure release of its hostages without agreeing to set conditions During ceasefire negotiations, Israel prioritized the issue of its captives while rejecting conditions set by Palestinian factions.

Rivian (RIVN.O) rose as much as 12% after announcing it would suspend plans to build a factory in Georgia and expand production capacity at its Illinois factory.

Rivian (RIVN.O): Illinois plant capacity expanded to 215,000 vehicles per year.

Market news: Rivian (RIVN.O) has suspended plans to build a new electric vehicle factory in Georgia, USA.

Fed Mester: The neutral interest rate may have increased.

Fed Mester: Fed policy is in a good position to carefully consider next steps.