Dow Tops 50,000 as S&P 500 and Nasdaq Surge; Tech Leaders Lead Rebound

Friday's session saw a broad rebound in US equities as the Dow Jones Industrial Average (^DJI) closed above 50,000 for the first time, up 2.2% or over 1,000 points. The S&P 500 (^GSPC) gained 1.7%, and the Nasdaq Composite (^IXIC) added about 2%, reversing a week of selling pressure. Big Tech names led the charge: Nvidia (NVDA) rose over 7%, Broadcom (AVGO) and Tesla (TSLA) posted strong gains, while Amazon (AMZN) fell 7% after outlining a $200B+ cloud spending plan for 2026 despite a weaker-than-expected operating income forecast. The S&P 500 turned positive for 2026, but both indexes remain on track for weekly declines. Bitcoin (BTC-USD) climbed back to above $68,000, though it is on track for its worst weekly performance since 2022. Strategy (MSTR) shares jumped over 13% on the price resurgence despite a quarterly loss and a $26B charge related to scaling back its EV push; shares in Stellantis (STLA) fell over 20% on a 22B EUR ($26B) charge. The January jobs report, originally scheduled for Friday, is moved to Wednesday, February 16, 2026, amid weakness in job openings and a surge in layoff announcements.