Dow Jones Surges Past 50,000 for First Time, Trump Celebrates Historic Milestone

Friday, Feb 6, 2026 6:03 pm ET1min read
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The Dow Jones Industrial Average reached a historic milestone by closing above 50,000 for the first time. The rally followed a volatile week marked by heavy tech selling and concerns over AI spending. President Trump celebrated the achievement, tying it to confidence in the US economy. Chip stocks fueled the rebound, with Nvidia, AMD, and Broadcom climbing more than 7% as investors bet on increased AI spending.

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