Dow Hits 50,000 as Tech Rebounds
Dow Hits 50,000 on Feb. 6, 2026 as a tech-led rebound lifted major U.S. indexes; Nvidia and Workday led sector gains, context for traders and investors.
KEY TAKEAWAYS
- The Dow closed above 50,000, gaining 1,206 points, or 2.4%.
- The tech rebound was led by a near-8% Nvidia surge and Workday gains over 2%.
- The rally followed a midweek tech selloff tied to Anthropic's Jan. 30 Claude Cowork AI plugins release.
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The Dow Jones Industrial Average closed above 50,000 for the first time on February 6, 2026, rising 1,206 points, or 2.4%, as a broad-market rebound followed a midweek selloff in technology stocks linked to Anthropic’s January 30 release of Claude Cowork AI plugins.
Dow Surpasses 50,000 Amid Broad Market Gains
Alongside the Dow’s milestone, the S&P 500 rose 1.9% and the Nasdaq Composite gained 2.1%, reflecting a rotation back into risk assets after earlier volatility in tech shares. The rebound lifted market breadth across multiple sectors, reversing losses that had weighed on indexes earlier in the week.
Tech Rebound Driven by Nvidia and Workday
The rally was led by a near 8% surge in Nvidia shares and a more than 2% gain in Workday, highlighting strength in large-cap technology stocks. These gains helped offset midweek declines triggered by concerns over the impact of Anthropic’s Claude Cowork AI plugins, which had unsettled tech investors following their release.
Political Reaction to the Milestone
President Donald Trump posted a congratulatory message on social media celebrating the Dow’s first close above 50,000, underscoring the milestone’s prominence in public and political discourse.
The market closed a week marked by sharp swings centered on technology stocks, with Friday’s buying restoring ground for indexes rattled earlier in the trading week.
