US Market Rises as Dell Forecasts Strong Growth
The US market opened higher on Tuesday, driven by strong demand for AI servers and infrastructure upgrades. The Dow Jones Industrial Average rose 0.12%, while the S&P 500 Index gained 0.04%. However, the Nasdaq Composite Index fell 0.02%.
Ahead of the US ADP Employment Report, spot gold prices saw limited movement, dipping $1.20 to $4,332, while silver remained steady at $64.35.
Dell Technologies shares surged nearly 10% after raising its annual revenue forecast by $25 billion, driven by strong demand for AI servers and infrastructure upgrades. The company's stock price rose to $467.04 on Tuesday.