NASDAQ:GOGO News 9 December 2025

February 6, 2026, 5:06 PM EST. The Dow Jones Industrial Average soared 1,206.95 points, or 2.47%, closing at 50,115.67 on Feb. 6, marking its first-ever close above 50,000. This surge followed a rebound in consumer confidence to its highest since August and a drop in short-term inflation expectations to 3.5%. The S&P 500 and Nasdaq also recovered, gaining 1.97% and 2.18% respectively after recent steep losses. Market experts attribute the rally to investor confidence adapting to higher interest rates and global uncertainties. Meanwhile, Bitcoin jumped about 12% to $70,287.83. Despite increased January job cuts, some economists see signs of labor market stabilization, with encouraging payroll and unemployment trends noted by Bank of America. Overall, the market's move above 50,000 signals renewed optimism for 2026 fundamentals.