Stocks

Wall Street Review: Dow Closes Above 50,000 in Another Volatile Week

After two days of sharp declines, equities rebounded Feb. 6 as investors bought shares in sectors less exposed to AI disruption and semiconductors.
Wall Street Review: Dow Closes Above 50,000 in Another Volatile Week
Traders work on the floor of the New York Stock Exchange on Jan. 28, 2026. Spencer Platt/Getty Images
Panos Mourdoukoutas
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The Dow Jones Industrial Average closed above 50,000 for the first time on record during another roller-coaster week, driven by gains in large industrial and financial stocks, as investors grappled with uncertainty over the impact of artificial intelligence on technology companies and a resulting market rotation.

Supporting that rotation was evidence of a cooling labor market, which revived expectations for future Federal Reserve interest rate cuts and benefited interest rate—sensitive sectors that carry significant weight in the Dow.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”