Dow Jones tops 50,000 points for 1st time
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Within just four years, the Dow hit another key price: 10,000. The average first touched the level on March 16, 1999. However, it took several days of choppy trading for the index to close a session above 10,000 on March 29, 1999.
The Dow Jones Industrial Average surged more than 1,200 points Friday, leading a broader stock-market rebound.
The Dow Jones Industrial Average just closed above 50,000 for the first time in its near 130-year history. Read more here.
A market surge propelled the Dow to a new record high.
By Noel Randewich Feb 6 (Reuters) - The Dow Jones Industrial Average blew past the historic 50,000 mark on Friday and the S&P 500 ended sharply higher, as Nvidia and other chipmakers soared and Amazon tumbled after the cloud heavyweight forecast a sharp increase in spending on AI infrastructure.
The blue-chip Dow Jones Industrial Average (DJI) surged to a fresh all-time high on Friday, breaking above the historic 50,000 level for the first time in its history.
The Dow Jones Industrial Average was soaring to a fresh intraday high in early afternoon trading, with Nvidia Corp. posting the largest gain in the blue-chip stock index. The Dow was gaining 1,043 points,
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Stock market today: Dow soars 1,000 points as Nvidia spikes; data center play hits buy zone (live coverage)
Stock Market Today: The Dow Jones index rebounds Friday and hit a new milestone. Small caps lead the rally with a more than 3% gain.