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Wall Street Hits Records on Tech, Iran Deal in Focus

Wall Street hit new records as tech stocks surged on Dell's strong earnings, while investors eyed a potential US-Iran deal.

Sebastian Young
BySebastian Young- Senior Editor
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Wall Street's main indexes extended their record run on Friday, driven by tech shares after Dell's strong results. Investors also awaited details on a potential U.S.-Iran deal.

President Donald Trump said he would make a final decision on the deal on Friday. Tehran earlier said it was looking for action, not words.

Dell surged 28% after raising its full-year profit and revenue forecasts. The tech sector climbed 1.83%, led by chip stocks. Microsoft rose 3%.

All three indexes hit intraday record highs, fueled by renewed optimism around AI and strong earnings growth.

At 2:29 p.m. ET, the Dow rose 316.39 points to 50,985.36, the S&P 500 gained 18.01 points to 7,581.64, and the Nasdaq Composite added 61.30 points to 26,978.77.

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