Dow closes above 50,000 for the first time ever
"Shares of some tech companies worldwide plummeted in recent days after Anthropic unveiled an artificial intelligence tool viewed by some investors as a potential replacement for widely-used software products.
The selloff came in response to a set of new plugins for a digital tool called Claude Cowork, an AI-fueled workplace assistant that can author documents and organize files. The plugins, released last Friday, allow customers to adapt the tool for narrow sectors like legal, finance or data marketing.
Investors appeared to shrug off the AI-related worries in a buying spree on Friday."
"Some crypto prices also rallied on Friday, ending a days-long plunge for many digital currencies. Bitcoin and Ether -- the world's two largest cryptocurrencies -- each soared about 10% on Friday."
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ABC News
Dow closes above 50,000 for the first time ever
A market surge propelled the Dow to a new record high.
