OAN Staff Sophia Flores and Brooke Mallory
12:52 PM – Friday, February 6, 2026
For the first time in its 129-year history, the Dow Jones Industrial Average (DJIA) has crossed the historic 50,000-point milestone.
On Friday, the blue-chip index surged 1,102 points, or 2.2%, following weeks of steady gains, pushing the Dow to a new historical high.
Additionally, the Nasdaq composite was up 1.9%, as of 2:30 p.m. ET.
President Donald Trump took to Truth Social to celebrate the news.
This landmark achievement was fueled by a “rotation” back into blue-chip staples like Goldman Sachs and Caterpillar, as well as a massive rebound in the semiconductor sector led by Nvidia, which jumped over 7% following news of historic AI infrastructure spending.
While the Nasdaq also climbed nearly 2%, the day was marked by a sharp divide in Big Tech. Amazon shares tumbled roughly 8% as investors reacted to the company’s staggering $200 billion capital expenditure plan for the year.
Despite a brief delay in federal jobs data due to an earlier government shutdown, a recovery in Bitcoin and a rise in the University of Michigan’s consumer sentiment index to 57.3 helped solidify the market’s record-breaking momentum.
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