# Dow 50,000

Wall Street's Rotation Lift: Dow Tops 50,000 as Nvidia and Chip Makers Rally

U.S. markets surged on Friday, with the Dow closing above 50,000 for the first time as chips and cyclical stocks led a broad-based rally. Nvidia and other semiconductor names jumped on expectations of increased AI data‑centre spending, while investors digested mixed signals on corporate capex and the Fed’s path amid delayed payroll data.