Newsflash: Dow Surges 250 Points to Race Past 26,00016.8

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 1.44 percent to reach 7,838.44. As CCN reported, Dow futures traded as

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