US equities climbed Thursday, with the Dow hitting 50,004.82, its first all‑time high since Feb 10.
The S&P 500 rose 0.6% to 7,486.47 and the Nasdaq gained 0.6% to 26,564.28.
Cisco surged 13.2% after announcing a $1 billion AI‑related restructuring, cutting ~4,000 jobs (≈5% workforce).
Nvidia rose over 3% on news Chinese firms cleared to buy its H200 AI chip; CEO Jensen Huang joined Trump’s China visit.