Stocks hit historic milestone as Dow crosses 50,000 points for first time ever

By John Towfighi, CNN New York (CNN) — The Dow just hit 50,000 points for the first time ever. The blue-chip index on Friday surged 1,097 points, or 2.24%, and climbed above 50,000 points during trading. It’s the first time the 129-year-old index has crossed the historic 50,000-point milestone. The Dow’s ascent is emblematic of