Dell Technologies Inc DELL.N jumped 12.4% after it posted upbeat quarterly profit and revenue, as enterprises invested heavily to support hybrid work. ET is expected to show consumer spending rose 0.7% in April, easing from a stronger 1.1% in March, as inflation stays hot in the wake of higher fuel and food prices. Wall Street's main indexes closed sharply higher on Thursday after some optimistic retail earnings outlook, mixed economic data and less-hawkish minutes from the U.S. Federal Reserve's meeting brought back buyers into the market on waning concerns about aggressive interest rate hikes.