Wall Street closed higher, with the S&P 500 index scoring an all-time high. Blowout Netflix results and plans for $500b AI investment fuel gains.

President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season rolls on.

The S&P 500 advanced 0.6% on Wednesday, Jan. 22, 2025, following the announcement of major AI investments and a string of positive earnings releases.

The S&P 500 climbed to 6,100 for the first time during Wednesday's session. Traders cheered strong earnings and an AI initiative Trump announced on Tuesday.

The CNN Money Fear and Greed index showed further improvement in overall market sentiment, while the index remained in the “Fear” zone on Wednesday. U.S. stocks settled higher on Wednesday, with the S&P 500 surging to a new all-time high during the session.

The S&P 500 is on track for its first record close since Dec. 6. Traders should beware of chasing the move, said Jonathan Krinsky, chief market technician at BTIG, in a Wednesday morning client note.

Netflix, Oracle, and Nvidia lead gains as S&P 500 reaches an all-time high. Explore the drivers behind this rally and what it means for US stock markets today.

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.

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.

Of the S&P 500 companies that have reported earnings so far, 79% have beat estimates, according to FactSet data.

Wall Street's indexes rose on Wednesday, as investors cheered streaming video provider Netflix's quarterly report and President Donald Trump's private-sector artificial intelligence infrastructure investment plan. Lisa Bernhard has more. Is Meloni Europe's new 'Trump whisperer'?