Dow Jones Industrial Average Surpasses 50,000 for First Time Amid Banking and Industrial Strength

The Dow Jones Industrial Average surpassed 50,000 points for the first time, driven by banks and industrial stocks. The index has risen 33% since Trump's tariff announcement. The Dow Jones has been boosted by a combination of rate cuts and growing optimism about US economic growth. Strong performances from Goldman Sachs and Caterpillar have contributed significantly to the index's rise.