The Dow Jones Industrial Average surged 2.4%, or 1,207 points, to record level of 50,115.67 points, for the first time in history. Following a major IT stock sell-off earlier this week, the S&P 500 jumped 1.97%, and Bitcoin rose 10%. In April 2025, the index fell below 40,000 amid tariff concerns, but has climbed about 33% since, according to Bloomberg.