Dow rises above 50,000 for first time since February
Updated
Updated · Barron's · May 7
Dow rises above 50,000 for first time since February
11 articles · Updated · Barron's · May 7
The index gained 200 points, or 0.4%, while the S&P 500 and Nasdaq each edged up 0.1% in early Thursday trading.
Chip stocks softened after Arm earnings, though McDonald's and IonQ were also among companies moving on results during one of the busiest days of earnings season.
WTI crude fell 3.9% to $91.36 on hopes of a US-Iran peace agreement, while investors stayed cautious ahead of Friday's April nonfarm payrolls report.
Why are chip stocks faltering despite strong earnings, signaling a peak for the market's AI-fueled rally?
If a US-Iran peace deal is priced in, what overlooked event could become the next major shock for oil?
With AI spending soaring but productivity lagging, is the Dow's 50,000 milestone built on a fragile foundation?