NEW YORK (AP) — The U.S. stock market roared back, as technology stocks recovered much of their losses from earlier in the week and bitcoin halted its plunge, at least for now. The S&P 500 jumped 2% Friday for its best day since May. The Dow Jones Industrial Average soared 1,206 points and topped the 50,000 level for the first time, while the Nasdaq composite rallied 2.2%. Chip companies helped drive the gains on hopes for more big spending by customers diving into AI technology. Stocks also got a boost from a better reading on sentiment among U.S. consumers. Bitcoin rose back above $70,000.
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