New Delhi, June 4 -- US stock indexes traded mixed on Thursday, with technology shares coming under pressure after semiconductor giant Broadcom reported earnings and issued guidance that fell short of analysts expectations.

At the opening bell, the Dow Jones Industrial Average rose 299.0 points, or 0.59%, to 50,986.1. The S&P 500 fell 37.1 points, or 0.49%, to 7,516.54​, while the Nasdaq Composite dropped 274.7 points, or 1.02%, to 26,579.297.

Shares of Broadcom plunged 14.4% shortly after the opening bell, weighing heavily on the broader technology sector.

Broadcom's earnings "failed to live up to the sky-high expectations embedded in the stock price," said Patrick O'Hare of Briefing.com.

"The disparate moves reflect a rotation...