ET 23:40

Dojones Surpasses 50,000 as Tech and Crypto Rally; Nasdaq, S&P Up

U.S. stocks staged a strong rebound after a recent sell-off, with major indices climbing sharply. The Dow Jones Industrial Average closed above 50,000 for the first time in history, rallying over 1,100 points on Friday (02/06/2026), while tech and cryptocurrency led the gains. Key figures: - Dow Jones: 50,115.67, +2.47% (up 1,206.95) - S&P 500: 6,932.30, +1.97% - Nasdaq Composite: 23,031.213, +2.18% iShares Expanded Technology Sector ETF (IGV-US) rose 4% amid broader tech buying, though it is down about 30% from its December 2025 high. Bitcoin surged 12% on Friday after testing the $60,000 level, while silver retreated 1% after a volatile week. Notable tech movers: CoreWeave (CRWV-US) +20%, Circle Internet Group (CRCL-US) +14%, Micron Technology (SMCI-US) +11%, Advanced Micro Devices (AMD-US) +8%, NVIDIA (NVDA-US) +8%, and Digital Realty (GEN-US) +8%. > Investment analysts note traders are treating the recent pullback in tech as a buying opportunity consistent with past patterns. > — Market commentary reflects overnight close on Friday, 02/07/2026.

EditorTan Wei Jie