Particle.news
Download on the App Store
27 ARTICLES
·
yesterday

Dow Closes Above 50,000 for the First Time After Broad Rally

A chip-led rebound tied to AI spending expectations propelled the advance.

Traders react as the Dow Jones Industrial Average surpasses the 50,000 mark on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 6, 2026. REUTERS/Brendan McDermid
Traders Sal Suarino, Ryan Falvey and Michael Urkonis, left to right, work on the floor of the New York Stock Exchange, Thursday, Feb. 5, 2026. (AP Photo/Richard Drew)

Overview

  • The Dow jumped 1,206.95 points, or 2.47%, to a record 50,115.67, marking its first close above 50,000.
  • The S&P 500 rose about 2% and the Nasdaq gained roughly 2.2%, trimming a week of tech-driven losses.
  • Semiconductor leaders including Nvidia, Broadcom and AMD rebounded, and cyclicals such as Caterpillar and Goldman Sachs advanced on expectations of heavy AI infrastructure investment.
  • Amazon fell roughly 7% to 8% after projecting about $200 billion in capital expenditures for the year, highlighting investor concern over the cost of the AI buildout.
  • Bitcoin recovered above $70,000 and an improved University of Michigan sentiment reading supported risk appetite, while analysts stressed the 50,000 milestone is mostly psychological and upcoming jobs and inflation data could test the rebound.