Dow Cracks 47,000 After Cooler-than-Feared Inflation Report

Group 1 - The Dow Jones Industrial Average closed above 47,000 for the first time, rising 472 points or 1% after a favorable inflation report [1][2] - The S&P 500 increased by 0.8% and the Nasdaq Composite gained 1.2%, with all three indexes achieving record closing highs for the week [1] - The Dow reached its second thousand-point milestone of 2025, having crossed the 46,000 threshold just 31 trading days prior [2]