Specialist Anthony Matesic works at his post on the floor of the New York Stock Exchange, Friday, Feb. 6, 2026. via Associated Press
NEW YORK (AP) — The U.S. stock market is roaring back on Friday, as technology stocks recover much of their drops from earlier in the week and bitcoin halts its plunge, at least for now.
The S&P 500 jumped 1.7% Friday and was heading toward its best day since May. The Dow Jones Industrial Average soared 1,102 points, or 2.2%, and topped the 50,000 level for the first time. The Nasdaq composite was up 1.9%, as of 2:30 p.m. Eastern time.
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Chip companies helped drive the widespread rally, and Nvidia jumped 7.3% to trim its loss for the week, which came into the day at just over 10%.
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