Dow Jones closes barely higher above 50,000 as jobs and inflation data loom

The Dow Jones Industrial Average tacked on 17.12 points, or 0.03%, to close at 50,132.79 on Monday—just enough to keep the index over 50,000, but hardly a big move. The S&P 500 added 0.47%, while the Nasdaq climbed 0.88% as tech stocks regrouped, recovering after last week’s AI-driven software pullback. Oracle rallied following an upgrade from D.A. Davidson. “You’ve a sharply oversold market where a little bit of good news can go a long way,” said Keith Lerner, chief investment officer at Truist Advisory Services.

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Dow Jones breaks 50,000 for the first time — here’s what Wall Street watches next

Dow Jones breaks 50,000 for the first time — here’s what Wall Street watches next

The Dow Jones Industrial Average broke through the 50,000 mark for the first time on Friday, ending the day at 50,115.67 after a surge of 1,206.95 points, or 2.47%. Caterpillar rallied 7.1%, handing the price-weighted index its biggest push as it continued to outperform Wall Street’s broader benchmarks this year. “The Dow is kind of the people’s index,” said Chuck Carlson, CEO of Horizon Investment Services.
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