Cisco Leads Wall Street Toward More Records and the Dow Back to 50,000
Cisco’s better-than-expected earnings and AI-related orders helped push the 30-stock average back above 50,000, with Nvidia and UnitedHealth also advancing.
- The Dow Jones Industrial Average climbed back to 50,000 on Thursday for the first time since early February, driven by strong earnings reports from major U.S. companies in the first quarter of 2026.
- Most stocks leading the Dow's comeback are tied to artificial intelligence in some capacity, as Big Tech behemoths pour cash into AI-related technology and demand for AI-driven products remains strong.
- Cisco Systems jumped 16.9% after reporting better-than-expected profit and revenue; CEO Chuck Robbins said it saw "very strong, broad-based demand for our products." Nvidia gained 20% since early February, while Caterpillar rose 22% tied to AI data center buildout.
- Beyond AI-driven gains, UnitedHealth surged 47% on strong earnings and guidance, powering the Dow's return above 50,000. The S&P 500 added 0.3% to an all-time high, while The Nasdaq also advanced.
- Optimism persists despite mixed economic signals: retail spending slowed last month and unemployment claims rose last week. Brent crude oil fell 0.7% to $104.86 Thursday, while 10-year Treasury yields eased to 4.44% from 4.46% late Wednesday.
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79 Articles
Dow Closes Back Above 50,000 as Wall Street Rally Rolls On
(Wall Street, New York) – Wall Street hit another major milestone Thursday, with the Dow Jones Industrial Average closing back above 50,000 as investors pushed stocks higher across the board. The Dow gained more than 370 points, finishing at 50,063.46. The S&P 500 also made history, closing above 7,500 for the first time, while the Nasdaq posted another strong finish as tech and artificial intelligence names continued leading the market. The ral…
S&P 500 Tops 7,500, Dow Hits 50,000 As Cisco, Nvidia Fuel AI Rally - Albemarle (NYSE:ALB), AppLovin (NASD
U.S. stocks pushed to fresh records Thursday as Cisco's earnings beat and Nvidia's China chip win supercharged the tech tape, with the Dow briefly piercing 50,000.
Cisco’s earnings win propels the Dow back to 50,000
The U.S. stock market is rising toward more records Thursday after Cisco Systems joined the parade of U.S. companies reporting fatter profits for the start of 2026 than analysts expected. The S&P 500 added 0.9% to its all-time high set the day before. The Dow Jones Industrial Average climbed 386 points, or 0.8%, and is on track to finish a day above the 50,000 level for the first time since the war with Iran began. The Nasdaq composite was 1% hi…
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