US EditionDow Jones Average Breaks 50,000 Level for First Time
The Dow rose 2.47% to 50,115.67 as investors rotated from technology to blue-chip stocks amid expectations of lower interest rates and easing inflation.
- On Friday, the Dow Jones Industrial Average surged to close above 50,000 for the first time, rising 1,206.95 points to finish at 50,115.67.
- Investors rotated away from technology into economically sensitive stocks amid AI-related concerns and software selloffs, while Chuck Carlson said recent broadening has driven this shift and the Federal Reserve's expected 2026 rate cuts supported sentiment.
- Caterpillar led gains by rising 7.1 percent to $US726.20, boosting the Dow while Goldman Sachs climbed 4.3 percent and Nvidia jumped 7.9 percent on Friday.
- The market gains come alongside signs of economic strain for Americans, with Carlson noting `Dow is kind of the people's index, and when you have a crossing of this kind of milestone, it maybe gives some folks food for thought and maybe puts a few dollars into the market`.
- Meanwhile, the S&P 500 and Nasdaq each rose around 2 percent on Friday, and President Donald Trump hailed the Dow milestone on Truth Social.
18 Articles
18 Articles
Bessent: 'Wall Street Is Telling You that Main Street Is About to Prosper'
On this week's broadcast of Fox News Channel's "Sunday Morning Futures," Treasury Secretary Scott Bessent said the Dow Jones Industrial Average hitting the 50,000 milestone was "telling you that Main Street is about to prosper."
Treasury secretary predicts blockbuster 2026 for US economy as Dow hits historic milestone
Treasury Secretary Scott Bessent says the Trump economy is delivering for Americans, citing cooling inflation and record stock market highs as signs Main Street will prosper.
Dow Hits Record High 50,000
On Friday, the Dow Jones Industrial Average reached 50,000 points for the first time in history, closing at 50,115.67. President Donald Trump hailed the milestone in a post on Truth Social, presenting it as evidence that his economic agenda is working. [BLOCK]The “Experts” said that if I hit 50,000 on the Dow by the end of my Term, I would have done a great job, but I hit 50,000 today, three years ahead of schedule — Remember that for the Midter…
Dow closes above 50,000 for first time
The Dow Jones Industrial Average closed above 50,000 points for the first time on Friday as stocks rallied in response to a rout in tech shares earlier in the week. The closely watched index rose above 50,000 for the first time after 2 p.m. during Friday’s trading session, advancing 1,206.95 points, or 2.47%, to close at 50,115.67. The S&P 500 and Nasdaq Composite also closed in the green, up 1.97% and 2.18%, respectively. President Donald Trump…
Coverage Details
Bias Distribution
- 66% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
