NEW YORK (AP) — Stocks are opening higher on Wall Street, adding to the all-time highs they set a day earlier. The S&P 500 rose 0.2% early Friday. The index is coming off six gains in a row and is headed for a ninth straight winning week, which would be the longest such streak since 2023. Dell Technologies soared 32% after delivering profits that blew past expectations. The company also raised its outlook, citing powerful demand for AI computing. The Dow Jones Industrial Average added 82 points, and the Nasdaq composite rose 0.2%. European and Asian markets mostly rose. Brent crude fell.
THIS IS A BREAKING NEWS UPDATE. AP's earlier story follows below.
Oil prices fell and markets inched higher before the opening bell Friday, adding to records a day earlier on optimism over a tentative deal to extend the ceasefire in the war with Iran.