Stock market today: Dow closes above 50,000 for the first time as stocks soar to cap volatile week

2026년 2월 7일 · Unknown · financial · 출처 Yahoo Finance

US stocks rebounded on Friday from a weeklong tech bruising as Wall Street reassessed worries about the impact of AI disruption and the risks of hefty Big Tech spending.

The Dow Jones Industrial Average (^DJI) led the way higher, surging by about 2.5%, or more than 1,200 points, to climb ahead of the 50,000 level for the first time.

The S&P 500 (^GSPC) rose 2% in its best session since May of last year. The Nasdaq Composite (^IXIC) added about 2.1%, as the indexes bounced back from Thursday's sharp closing losses and a week's worth of selling pressure.

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Wall Street is ending the week with a bounce back, as Big Tech CEOs and analysts brushed asideconcerns about the impact of new AI tools on legacy tech. The Dow ended the week with a gain of 2.5%, but the benchmark S&P 500 and the Nasdaq closed the week in the red.

Some of tech's biggest names led the charge. Nvidia (NVDA) surged over 8%, while Broadcom (AVGO) and Tesla (TSLA) posted sizable gains. Some tech gloom persisted as Amazon's (AMZN) shares tumbled 7%. In its earnings, the major cloud provider outlined plans for a massive 2026 jump in spending to at least $200 billion, even as its forecast for operating income fell short.

The tentative risk-on tone extended beyond stocks, as bitcoin (BTC-USD) climbed steadily back to above $70,000, having touched a 16-month low overnight. But the biggest cryptocurrency is still down almost 20% year to date after wiping out all of its post-Trump election gains this week.

Strategy (MSTR), one of the companies most affected by the crypto slump, revealed a loss for the quarter. The results initially weighed on its stock, but shares were up over 13% on Friday as bitcoin revived and Strategy's CEO played down concerns about debt-servicing risks.

Elsewhere, Stellantis (STLA) warned it will take a charge of over 22 billion euros ($26 billion) in a plan to scale back its EV push. Shares in the Jeep maker tanked over 20% on Wall Street and in Milan (STLAM.MI).

Looking ahead, the release of the closely watched January jobs report, originally scheduled for Friday, has been pushed to Wednesday next week. Fresh signs of trouble in the labor market emerged in recent days, as job openings sank to their lowest level since 2020 and layoff announcements surged.LIVE20 updates

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Ines Ferré

Dow tops 50,000 for first time, S&P 500 and Nasdaq rebound sharply to cap volatile week

The Dow Jones Industrial Average (^DJI) surged more than 2.5% on Friday, or over 1,200 points, closing above 50,000 for the first time.

The S&P 500 (^GSPC) rose 2%, while the Nasdaq Composite (^IXIC) added about 2.2%, with the indexes bouncing back from sharp closing losses earlier this week.

Tech stocks led the gains, with Nvidia (NVDA) jumping 8% and Broadcom (AVGO) up 7%. The sector bounced back from steep losses earlier this week. Investors had been rotating away from AI and tech plays and into defensive and cyclical sectors.

Meanwhile, bitcoin (BTC-USD) rebounded to $70,000, recovering sharply from its worst daily performance since 2022.

DJI - Delayed Quote•USD

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At close: 4:07:11 PM EST Advanced Chart Today at 8:00 PM UTC

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Dow crosses 50,000 benchmark, hits intraday high

The Dow Jones Industrial Average (^DJI) surged more than 2.2% on Friday to touch a fresh intraday record and surpass 50,000 for the first time.

The record comes on the heels of a volatile week as investors rotated away from tech and into defensive and cyclical sectors.

The S&P 500 (^GSPC) rose 1.7%, while the Nasdaq Composite (^IXIC) added about 1.9% with the indexes bouncing back from sharp losses earlier this week.

DJI - Delayed Quote•USD

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At close: 4:07:11 PM EST Advanced Chart Today at 7:20 PM UTC

Laura Bratton

Dot-com era companies are getting revived by AI

Fiber company Corning (GLW), storage provider Western Digital (WDC), and networking hardware and telecomm equipment maker Cisco (CSCO) are just a few examples of companies whose stocks have ripped back to highs unseen since their dot-com era booms.

Corning is up more than 125% over the past year, while Western Digital and Cisco have soared 478% and a more modest 35%, respectively. The three were dot-com era stars that lost much of their value during the bubble's burst and failed to fully recover until the AI boom, as the massive data center build-out by cloud giants has fueled demand for their products.

Corning (GLW), for example, recently announced a deal with Meta (META) worth up to $6 billion as tech giants rush to secure fiber that connects data centers to one another and their enterprise clients.

Corning's boost has extended to its customer Lumen (LUMN), too — a telecomm infrastructure company that acquired Qwest. Communications and indirectly absorbed Global Crossing, two internet era players that struggled or failed after the dot-com bust. Lumen shares climbed 26% Friday to recover from a weeklong drop, and the stock is up 57% over the last year.

Lumen said this week it has $13 billion worth of fiber deals in the pipeline as AI boosts demand.

" Two years ago, the company was in serious financial trouble," CFO Chris Stansbury told Yahoo Finance in a recent interview. " The balance sheet's now really strong," partly thanks to a growing boost by AI data centers' "insatiable demand" for fiber. Today at 6:45 PM UTC

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Dow soars 1,000 points in wild m…