ASX:MBG News 6 February 2026

February 6, 2026, 4:00 PM EST. The Dow Jones Industrial Average surged past 50,000 points for the first time, gaining 1,102 points or 2.2%, fueled by strong performances in chip stocks like Nvidia and Broadcom. The S&P 500 rose 1.7%, nearing its best day since May, while the Nasdaq advanced 1.9%. Nvidia jumped 7.3%, and Broadcom 7.2%, both reversing weekly losses amid optimism over AI-related spending. Amazon announced plans to invest $200 billion this year in AI and other advanced technologies, boosting market sentiment. President Donald Trump acknowledged the milestone on social media, calling it a historic achievement. This rally reflects growing investor confidence in tech-driven growth and corporate capital expenditure.