The exterior of the New York Stock Exchange on Wall Street, where U.S. stocks surged as the Dow Jones Industrial Average crossed 50,000 points for the first time—a historic

The Dow Jones Industrial Average closed above 50,000 points for the first time in the 140-year history of the stock index.

Shares in Amazon shares dived 7.7 percent after the computing and retail titan reported strong sales but significantly boosted tech-spending estimates after markets closed on Thursday.