ET 02:35

New York Stock Exchange Composite Surges; DJI Tops 50,000 as BTC Halts Plunge (NYSE: NYSE)

The New York Stock Exchange Composite closed at a record high, up 2.8% from 18,923.89 to 19,389.62, its best day since May 20, 2025, as the Dow Jones Industrial Average surpassed 50,000 at 50,123.89. The S&P 500 rose 2.2% to 5,243.37 and the Nasdaq Composite gained 2.4% to 16,542.13. The advance followed stronger-than-expected retail sales and a soft inflation reading. Bitcoin retreated 1.8% to $27,945 after a volatile session, ending a three-day decline. The broader cryptocurrency index gained 0.7% as altcoins advanced, signaling some resilience in the digital asset sector despite macroeconomic headwinds.

EditorTan Wei Jie