Dell’s AI Surge Sends Wall Street Up — U.S. Markets Today
The Dow rose 358.82 points to 51,027.94, the S&P 500 gained 19.91 to 7,583.61, and the Nasdaq added 59.92 to 26,978.21, closing out a holiday-shortened week higher. Dell surged nearly 30% after reporting $16.1 billion in AI server revenue and raising its outlook. U.S. crude fell 1.73% to $87.36 a barrel on truce extension speculation. The core PCE price index rose 3.3% year-over-year in April.