British News Agency

The Dow Jones Industrial Average closed up 1,206.95 points, or 2.47%, at 50,115.67. On Friday, the Dow topped 50,000 for the first time. The S&P 500 gained 1.97% to close at 6,932.30, while the Nasdaq Composite rose 2.18% to 23,031.21. With these moves, the S&P 500 turned positive again for 2026.

Despite Friday’s rally, the S&P 500 posted a weekly decline of 0.1%, while the Nasdaq fell 1.8% on the week. The 30-stock Dow rose 2.5% for the week, even as the broader market was pressured by selling in tech shares, benefiting from a rotation into some economically cyclical stocks.

Nvidia and Broadcom were the two biggest gainers on Friday. Nvidia jumped 8% after steep declines earlier in the week, while Broadcom gained 7%. Other stocks such as Oracle and Palantir Technologies also rebounded as investors reassessed some names at cheaper levels. Oracle and Palantir rose 4%.

Data delays stemming from a partial U.S. government shutdown pushed the release of the U.S. jobs report and CPI to next week, affecting both sides of the Federal Reserve’s dual mandate.

Retail sales and employment cost data will also be in focus. In Asia, after swings in the yen and Japanese government bonds have influenced global fixed-income markets this year, Japan’s snap election will headline a busy week.

Meanwhile, next week the U.K. will release fourth-quarter GDP data, and inflation figures will be published from China, Brazil, and India. On the monetary policy front, the Russian central bank will set interest rates. Finally, earnings from McDonald's, Coca-Cola, Cisco Systems, T-Mobile, and Applied Materials will be reported.