Computer hardware company Dell Technologies Inc DELL.N surged 12.1% after beating quarterly profit and revenue estimates. By Stephen Culp NEW YORK, May 27 (Reuters) - Wall Street extended its rally on Friday as signs of peaking inflation and consumer resiliency sent investors into the long holiday weekend with growing optimism that the Federal Reserve's policy tightening can avoid tipping the economy into recession. Data released on Friday showed better-than-expected consumer spending and appeared to confirm that inflation, which has dampened corporate earnings guidance and weighed on investor sentiment, has peaked.