U.S. Stock Index Dow Jones Surpasses 50,000 Points for the First Time - Dow Jones shatters 50,000 barrier in historic market surge
The Dow Jones Industrial Average (DJIA) passed a historic milestone on Friday by closing above 50,000 points for the first time. The index, also known as the dow jones or indexdjx dji, finished at 50,115.67, up 2.5%, as strong gains in key stocks pushed the market higher. Investors showed renewed confidence after a turbulent week of trading. The surge was driven by sharp rises in several major companies. NVIDIA led the gains, climbing 7.87% to 185.41 USD, followed by Caterpillar, which rose 7.06% to 726.20 USD. Other strong performers included 3M (up 4.59% to 172.65 USD), Amgen (up 4.49% to 384.32 USD), and Goldman Sachs (up 4.31% to 928.75 USD).
Technology stocks, particularly Broadcom, NVIDIA, and AMD, saw heavy buying after recent declines. The rally reflected growing optimism among traders, lifting the dow jones today to its highest level in nearly 130 years. At its peak, the index briefly touched 50,015.07 before settling at the day's close.
Friday's record close marked a significant moment for the dow jones. The gains in major companies, especially in technology, signalled a shift in market sentiment. The milestone follows a week of volatility, with traders now showing more confidence in economic recovery.
