Dow Surges Past 50,000
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US stocks surged, with the blue-chip Dow crossing and ending above 50,000 for the first time, driven by consumer confidence and improving outlooks.
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 has often been a defensive stock play for investors, at least compared with its other benchmark peers. In four years since 2000, the Dow has beaten the three other major U.
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 U.S. stock market roared back, as technology stocks recovered much of their losses from earlier in the week and bitcoin halted its plunge, at least for now
Major stock indexes closed sharply lower and bitcoin plunged to near $62,000 Thursday amid broad risk-off sentiment, as investors weighed the latest Big Tech earnings and downbeat labor data.
Stock indexes rise as investors weigh Amazon earnings, profit guidance and $200B capex outlook after Wall Street’s selloff—get the key market
The Dow Jones Industrial Average passed the 50,000 mark for the first time ever on Friday as Wall Street bounced back from losses across the technology sector taken earlier in the week. The Dow Jones Industrial Average surged 1,