Dow reaches 50,000. There have been 4 closes above the 50K level
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The Dow industrial average has reached the 50,000 milestone, closing above this level for the first time on February 6. It achieved four consecutive closes above 50K before experiencing a 10% decline to 45,166.64 on March 27. Currently, the Dow trades at 49,971, up 673 points or 1.37%. Meanwhile, the NASDAQ and S&P are also up, with both indices on track for record closes.
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