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Dow Jones Hits Record Highs, DELL Jumps 15%: Stock Market Today

Benzinga·
Dow Jones Hits Record Highs, DELL Jumps 15%: Stock Market Today

U.S. stocks reached record highs on Friday with the Dow Jones Industrial Average surpassing 50,610, driven by a powerful AI-led rally in semiconductor and PC stocks. Dell Technologies surged 15% to a record high following Morgan Stanley's price target increase citing a $43 billion AI server backlog. The S&P 500 and Nasdaq 100 are on track for their eighth consecutive weekly gain, though consumer sentiment hit a record low amid rising inflation expectations and geopolitical tensions affecting oil prices.

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