STORY: U.S. stocks closed out the week little changed on Friday, ahead of a Federal Reserve policy meeting next week.

The Dow dipped two-tenths of a percent, the S&P 500 ended flat and the Nasdaq ticked up about one-tenth of a percent.

Wall Street had taken a breather in the previous session after recent gains and some hot economic data ahead of the Fed's meeting.

Despite overwhelming expectations of a Fed rate cut, Jason Betz, private wealth advisor at Redwood Wealth Advisors, Ameriprise Financial, thinks investors may still be uncertain about the path ahead.

"I think we're seeing a stock market that just does not know where to go. We've seen a lot of good, strong economic data play out here over the last several weeks. We certainly got a Trump bump. We got, you know, again, good, good data along the way. Got some pretty dicey, dicey inflation data here recently, which obviously slowed things down a bit. Honestly, I'm a little surprised that the market's not trading down today, pleasantly surprised. Other than that, it's pretty much business as usual as we head here into the weekend."

Friday's most notable stock move came from Broadcom, which soared more than 24%, propelling the chip supplier's market capitalization past $1 trillion for the first time ever. The surge came after the company forecast quarterly revenue surpassing Wall Street expectations and predicted robust growth in demand for its custom AI chips over the next few years.

Chip stocks overall, however, were a mixed bag on Friday, with Marvell Technology advancing while AI bellwether Nvidia gave up earlier gains.

Among other movers, shares of RH rose 17% after the home furnishings retailer - formerly known as Restoration Hardware - reported higher net revenue for the third quarter.

And shares of D.R. Horton dipped as J.P. Morgan downgraded its rating on the homebuilder to "underweight."