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The Guardian - US

Business

Callum Jones in New York

Dow Jones hits 50,000 milestone amid tech gains and hopes of lower interest rates

Dow Jones Interest Rates Donald Trump United States

men wearing baseball caps that read 'Dow 50,000' look up — Traders react as the Dow Jones Industrial Average surpasses the 50,000 mark, at the New York Stock Exchange in New York City, on Friday. Photograph: Brendan McDermid/Reuters

The Dow Jones industrial average crossed 50,000 for the first time, as ballooning tech valuations, robust corporate earnings and hopes of lower interest rates drive it to new highs.

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