Dow jumps over 800 points to hit all-time high as tech stocks stage furious rally
Wall Street is bouncing back Friday from losses taken earlier in the week, as technology stocks recover some of their drops and bitcoin halts its plunge, at least for now.The Dow Jones Industrial Average surged 1,035 points, or 2.1% to almost 50,000, and the Nasdaq composite was 2% higher. The blue chip index had hit an all-time high of 49,980 earlier.The S&P 500 rose 1.7% and was heading for just its second gain in the last eight days. 4 The Dow hit an all-time high of 49,885 in intraday trading Friday. ...