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Tech stocks rise on Wall Street

Shafaqna English– Wall Street closed Friday’s(11 Sep 2026) session in positive territory, lifted by a pullback in oil prices and unexpectedly firm consumer inflation figures that solidified market expectations for a Federal Reserve rate hike at next week’s policy meeting.

The data reinforced the view that policymakers will continue tightening monetary policy in an effort to bring inflation under control, giving investors more confidence to push equities higher despite the prospect of rising borrowing costs.

Among individual stocks, Dell, a maker of servers designed for artificial intelligence workloads, surged twelve percent to reach an all-time record high, reflecting sustained investor enthusiasm for companies tied to the AI boom.

Hewlett Packard Enterprise also jumped twelve percent, while HP added eight point four percent, with both gains coming after Oracle’s quarterly earnings beat analyst estimates. Oracle itself, however, slipped one point eight percent, a modest decline that stood out against the broader strength in technology shares.

Source: Reuters

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