ET 15:30

Dow Surpasses 50,000 for First Time (DJIA: +0.8%) as Retail and Tech Sectors Drive Rebound

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Macro

On February 7, 2026, the Dow Jones Industrial Average closed above 50,000 for the first time at 50,123.54, up 158.90 points or 0.8%, following a recent intraday decline. The S&P 500 and Nasdaq Composite also posted gains of 1.2% and 1.8%, respectively. Retail and technology sectors led the rebound, with Amazon and Apple contributing significant momentum. The trade-weighted index reflects continued strength in large-cap equities amid improving corporate earnings and Fed policy expectations.

EditorTan Wei Jie