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Dow Hits 50000 as Stocks Rebound From a Tech Selloff

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The Dow industrials crossed the 50000-point threshold for the first time Friday.

The blue-chip average soared more than 2%, about 1,100 points, to the new record level. All but two of the 30 stocks in the blue-chip average rose on the day. Nvidia gained around 7%. Caterpillar added 6%. 3M rose 4%.

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