U.S. stocks were rising across the board on Wednesday morning, buoyed by the advance in megacap technology names. Under the surface, however, there is furious paddling. The Dow Jones Industrial Average was struggling to hold on to its slight gains,

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.

Investors are appraising the likely impact of Trump's orders on stocks on the first trading day after the inauguration.

Netflix earnings after the bell drive focus in tech stocks. Dow and S&P climb as optimism over trade policy fuels market gains. Read the full analysis.

Netflix, Oracle and other technology stocks lifted U.S. indexes as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence. The S&P 500 rose 0.6% Wednesday and closed just shy of the record it set in early December.

The S&P 500 ( ^GSPC) jumped over 0.5% to secure its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, while the Nasdaq Composite ( ^IXIC) recovered from earlier session losses to finish the day up about 0.2%.

Wall Street's main indexes rose on Wednesday, with the benchmark S&P 500 hitting a record high, as investors cheered streaming video provider Netflix's quarterly report and technology shares rallied after the announcement of a private-sector artificial intelligence infrastructure plan.

Netflix, Oracle and other technology stocks are lifting U.S. indexes as their profits pile higher and excitement builds around artificial intelligence. The S&P 500 was up 0.5% early Wednesday.

U.S. stock futures point to a positive open on Tuesday, with the Dow Jones Industrial Average futures rising 29 points. Most Asian stocks advanced on Wednesday after President Donald Trump held off from imposing sweeping trade tariffs in his first day in office.

Stocks climbed alongside the dollar and bonds, with traders focusing on prospects President Donald Trump’s policies will boost the outlook for the world’s largest economy.

Live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.