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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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S&P/TSX composite rises more than 470 points, U.S. markets gain with Dow topping 50K
TORONTO — Strength in the base metals sector lifted Canada's main stock index higher, while U.S. markets rose and the Dow Jones industrial average topped 50,000 for the first time to end the week. The S&P/TSX composite index was up 476.
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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
Read Full ArticleDow closes above 50K for the first time in history
The Dow Jones Industrial Average closed above 50,000 points for the first time in the 140-year history of the stock index. The Dow gained more than 1,200 points Friday, rising 2.5 percent to close at 50,115 points. The S&P 500 index rose 2 percent on the day, and the Nasdaq composite closed with a gain…
·Washington, United States
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Total News Sources42
Leaning Left9Leaning Right6Center15Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 30%
C 50%
R 20%
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