Dow tops 50,000 for the first time as stocks stage a huge rally after the week's chaotic sell-off

TIMOTHY A. CLARY / AFP via Getty Images

• US stocks soared on Friday, pushing the Dow to 50,000 for the first time ever.
• After days of selling, software stocks rose nearly 3% and the broader Nasdaq rose 2%.
• Bitcoin also climbed 12% after its brutal decline to near $60,000 on Thursday.

Stocks notched a milestone after days of heavy selling cratered tech and AI names.

The Dow Jones Industrial Average staged a stunning rally of more than 1,100 points to...