Stock Market Today, Feb. 6: Dow hits 50,000 for the first time; Russell 2000 adds nearly 4% as bullish bid returns

Market Overview - The Dow Jones Industrial Average reached a milestone of 50,000 for the first time, driven by significant gains in stocks like Nvidia (+7%), Caterpillar (+6%), Goldman Sachs (+4%), JPMorgan (+4%), and Amgen (+4%) [5][9] - The Russell 2000 index experienced a notable increase of 3.6%, indicating a strong performance among small-cap stocks [4][11] - The Nasdaq and S&P 500 also showed recoveries, with gains of 2.18% and 1.97% respectively, following a period of market volatility [3][11] Stock Performance - Amazon was the worst performer in the Dow, dropping 7% after announcing higher-than-expected capital expenditures [2][16] - Other notable losers included Molina Healthcare (-27%), Stellantis (-25%), and Impinj (-23.4%) due to disappointing earnings and guidance [12] - Conversely, BILL Holdings surged by 33.5%, alongside a rebound in several cryptocurrency companies [11] Economic Indicators - The University of Michigan's Consumer Sentiment index rose to 57.3, reflecting improved current conditions, although future expectations saw a slight decline [13] - Recent labor market reports indicated rising layoffs and initial claims, contributing to investor concerns [23] Sector Trends - There is a noticeable rotation towards value stocks, reminiscent of trends observed before the Dot-Com bubble and the Global Financial Crisis [1] - Despite the recovery in major indexes, the retail investing crowd has faced significant challenges, particularly in tech and growth sectors [7][21] Earnings Reports - Upcoming earnings reports include Toyota, Philip Morris, Cboe Global, and Biogen, which may influence market sentiment [25][26]