Dow surges more than 1,000 points to hit 50,000 for the first time in massive snapback from tech rout
The Dow surged 1,206 points, led by chip stocks Nvidia and Broadcom, as investors rotated into non-tech sectors amid improving U.S. consumer sentiment, according to market data.
- On Friday, the Dow Jones Industrial Average climbed above 50,000 during trading, surging 1,097 points, or 2.24%.
- A broadening of the rally saw investors rotate into industrials, financials, and chip companies, with the Russell 2000 index jumping 3.3% this year.
- Bitcoin's recovery above $70,000 helped stabilize crypto-linked stocks, with Robinhood Markets up 15%, Coinbase Global rising 11.3%, and Strategy soaring 23.7%.
- The milestone signals a strong start to 2026 and may boost Americans' retirement savings, though Wall Street warns of complacency and market risks despite gains.
- Despite optimism, strategists warn valuations already reflect optimistic AI gains, and volatility may return as companies report earnings and geopolitical risks persist, analysts said.
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153 Articles
Benzinga Bulls And Bears: Enphase, Super Micro, AMD — And Dow Tops 50,000 - Advanced Micro Devices (NASDAQ:AMD), Broadcom (NASDAQ:AVGO)
Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.
Stocks rally as Dow crosses 50,000 for first time, underscoring market confidence in U.S. economy - Asian Journal News
The exterior of the New York Stock Exchange on Wall Street, where U.S. stocks surged as the Dow Jones Industrial Average crossed 50,000 points for the first time—an historic milestone reflecting investor confidence in large U.S. companies and expectations of continued economic stability. The milestone reflects investor optimism about corporate earnings, easing interest-rate pressures, and economic resilience, while highlighting the limits of…
It's the highest level in the history of the US stock index: The Dow Jones has risen above the 50,000-point mark for the first time. According to experts, it could rise even further this year.
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