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Dow surges more than 1,000 points to hit 50,000 for the first time in massive snapback from tech rout

  • 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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Center

Dow Jones Sets Record and Breaks Past 50,000

·New York, United States
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Coast ReporterCoast Reporter
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US stocks soar to their best day since May as the Dow tops 50,000 and bitcoin stops plunging

·Sechelt, Canada
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Barron's broke the news in New York, United States on Friday, February 6, 2026.
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