US Stocks Today | Dow at 50,000: From AI spillovers to rate cuts, what drove the record run

The Dow Jones Industrial Average crossed the 50,000-point mark for the first time on Friday, marking a historic milestone for the 128-year-old blue-chip index as a powerful rally in industrials, financials and select technology stocks helped Wall Street recover from a tech-led sell-off earlier this week.The Dow Jones rose 1,206.95 points, or 2.47%, to close […]

US stocks fall after Trump picks Fed critic Kevin Warsh as Powell’s successor

U.S. stocks fell on Friday after President Donald Trump nominated former Fed Governor Kevin Warsh to lead the U.S. central bank, a decision many investors see as an aggressive choice.Investors expect Warsh to support lower interest rates, but falls far short of more aggressive monetary policy easing associated with some of the other potential nominees. […]