The Dow Jones and S&P 500 rose on the stock market today. Netflix soared on new subscribers and Oracle jumped on Trump's AI partnership news.
Investors are appraising the likely impact of Trump's orders on stocks on the first trading day after the inauguration.
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Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. Netflix surged late on strong earnings while United Airlines and Interactive Brokers rose on results.Late Tuesday,
All three major U.S. stock indexes remained on pace for a third straight day of gains as of Wednesday's final hour of trading, with the S&P 500 aiming for an all-time closing high with help from names like Netflix Inc.
The Cboe Options Exchange (CBOE) saw more than 2.4 million call contracts and over 1.1 million put contracts exchanged on Tuesday. The single-session equity put/call ratio rose to 0.46 and the 21-day moving average remained at 0.61.
U.S. stock-market futures pointed to opening gains on Wednesday after Netflix posted better-than-expected results and President Donald Trump unveiled an artificial-intelligence infrastructure package.
President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season rolls on.
US benchmark equity indexes closed higher Wednesday with the S&P 500 and the Nasdaq Composite getting a boost from a post-earnings rally in Netflix (NFLX) shares. The technology-heavy Nasdaq jumped 1.
The S&P 500 hit a record Wednesday as AI stocks rallied after President Donald Trump announced a $500 billion Stargate project.
The Dow Jones Industrial Average rose 111.36 points, or 0.25%, to 44,136.46, the S&P 500 gained 40.88 points, or 0.68%, to 6,090.12 and the Nasdaq Composite gained 252.60 points, or 1.28%, to 20,009.69.
U.S. equities saw a mid-day rally on Wednesday, driven by excitement surrounding a new artificial intelligence (AI) initiative announced by the White House, as well as positive earnings reports from several key companies.