Within just four years, the Dow hit another key price: 10,000. The average first touched the level on March 16, 1999. However, it took several days of choppy trading for the index to close a session above 10,000 on March 29, 1999.
Some surprising names led the blue-chip index’s historic rise.
Feb 6 (Reuters) - The Dow Jones Industrial Average <.DJI> surged above 50,000 points for the first time on Friday, a historic moment for the blue-chip index, which was up more than 2% in afternoon trading.
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Dow Jones hits 50,000 for first time—here’s why Trump celebrated the historic DJIA milestone
The Dow Jones Industrial Average achieved a historic milestone, surpassing 50,000 points for the first time. This surge followed a week of tech stock declines. Chip stocks rallied on AI spending expectations.
A market surge propelled the Dow to a new record high.