Newsflash: Dow Surges 250 Points to Race Past 26,000

The Dow Jones Industrial Average opened to sharp losses on Thursday and then promptly began a massive recovery that achieved what few on Wall Street thought it would today: cross the 26,000 mark on the back of a blockbuster rally. Dow Reverses Early Losses to Jump Past 26,000 As of 2:53 pm ET, the Dow stood at 26,001.05, representing a gain of 255 points or 0.99 percent. The S&P 500 and Nasdaq posted even larger gains, with the former jumping 1.12 percent to 2,855.97 and the latter adding 1.