AP
Financial Markets Wall Street
- Richard Drew - AP
- Updated
Specialist Michael Pistillo, left, and trader Robert Charmak work on the floor of the New York Stock Exchange, Friday, Feb. 6, 2026.
Richard Drew - APAs featured on
The U.S. stock market roared back, 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 jumped 2% Friday for its best day since May. The Dow Jones Industrial Average soared 1,206 points and topped the 50,000 level for the first time, while the Nasdaq composite rallied 2.2%. Chip companies helped drive the gains on hopes for more big spending by customers diving into AI technology. Stocks also got a boost from a better reading on sentiment among U.S. consumers. Bitcoin rose back above $70,000.
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