Overview
- The index touched 7,001 shortly after Wednesday’s open before slipping back below the round-number threshold.
- Intel led notable movers with a surge near 9%, joined by gains in Texas Instruments, Starbucks, Nvidia, Tesla, Adobe, and Charter Communications.
- The advance concentrated in technology and AI-linked heavyweights that continue to drive overall market leadership.
- President Donald Trump celebrated the milestone on Truth Social even though the level did not hold by press time.
- Traders pointed to prospective Federal Reserve cuts in 2026 as a support, while the Dow hovered around 49,168 on its approach to 50,000.