The Dow Jones closed above 50,000 for the first time, with the S&P 500 and Nasdaq also posting gains. Tech stocks rebounded, but the focus remains on whether the sector can sustain the rally. Investors are optimistic heading into the weekend with the historic milestone achieved.

Bit Digital reported holding approximately 155,239.4 ether as of January 31. Etana Energy signed a 10-year agreement to supply renewable power to Sibanye-Stillwater’s South African mines. Terrain Minerals highlighted drilling success at its Smokebush Gold & Silver Project.

Amazon shares dropped over 7% after earnings, citing a $200 billion capex plan. Reddit beat fourth-quarter earnings and announced a $1 billion share buyback. Bit Digital disclosed its Ethereum treasury and staking metrics. MicroStrategy shares rose after beating revenue expectations.

Cryptocurrencies and precious metals are rebounding after recent losses. Bitcoin and Ether recovered, while gold and silver regained lost ground. US consumer sentiment rose to a six-month high in February. Deutsche Bank economists expect subdued job growth in 2026 due to tighter immigration.

Wall Street bounced back despite a tough week for tech stocks. The Dow Jones, S&P 500, and Nasdaq posted gains, with the Russell 2000 leading. Bitcoin rebounded above $68,000, tech earnings are in focus, and Stellantis took a large charge as it scales back EV projects.

US stock futures are pointing higher, recouping losses from Thursday. Alphabet’s capex plan rattled investors, while Amazon tumbled over a $200 billion capex plan for 2026. Crypto is in freefall, and AI spending plans are causing concerns among investors.

Read more at Yahoo Finance: Dow closes above 50,000 for the first time in Wall Street comeback