fromFortune
2 weeks agoDow soars by 1,200 points to top 50,000 for the first time as chips and airlines lead ferocious stock market rebound | Fortune
The U.S. stock market roared back on Friday, as technology stocks recovered much of their losses from earlier in the week and bitcoin halted its plunge, at least for now. The S&P 500 rallied 2% for its best day since May. The Dow Jones Industrial Average soared 1,206 points, or 2.5%, and topped the 50,000 level for the first time, while the Nasdaq composite leaped 2.2%.
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