Evercore ISI senior managing director Mark Mahaney breaks down Amazon and Googles market performance on Varney & Co.
The Dow Jones Industrial Average topped 50,000 points for the first time on Friday as investors rallied in response to a rout in tech stocks earlier in the week.
The closely watched index rose above 50,000 for the first time after 2 p.m. during Friday’s trading session after rising more than 1,000 points on the day, which represents a gain of more than 2.2%.
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