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Hiltzik: The Dow just broke 50,000. Here's what that means
Yahoo Finance· 2026-02-07 05:39
Trader Chris Lagana works on the floor of the New York Stock Exchange on Friday as the Dow Jones Industrial Average closed above 50,000 for the first time. (Richard Drew / Associated Press) Round numbers always enchant humans, especially when they're big round numbers. So you'll probably be reading and hearing a lot about how the Dow Jones Industrial Average crossed the 50,000-point threshold Friday for the first time. Actually, "threshold" isn't the right word. The mark's significance is psychological, ...