Netflix stock soars after strong subscriber gains, Oracle teams with OpenAI and SoftBank in a $500 billion AI infrastructure partnership, and Johnson & Johnson falls after mixed guidance.

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.

Wall Street's indices rose on Wednesday, with the benchmark S&P 500 hitting an intraday record high as investors cheered streaming video provider Netflix's quarterly report and President Donald Trump's private-sector artificial intelligence infrastructure investment plan.

Stocks have largely shrugged off Trump’s potential flood of tariffs, viewing the threats as a negotiating tactic. About 15 minutes into trading, the Dow Jones Industrial Average was up 0.1 percent at 44,086.30. The broad-based S&P 500 climbed 0.5 percent to 6,079.22, while the tech-rich Nasdaq Composite Index gained 1.0 percent to 19,957.86.

Tech stocks like Netflix and Oracle are boosting U.S. indexes as AI excitement grows, with the S&P 500 nearing a record high. Netflix's subscriber surge and Oracle's AI ventures are key drivers.

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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.

Wall Street's indexes rose on Wednesday, with the benchmark S&P 500 hitting an intraday record high as investors cheered streaming video provider Netflix's quarterly report and President Donald Trump's private-sector artificial intelligence infrastructure investment plan.

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.

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

Netflix stock soars after strong subscriber gains, Oracle teams with OpenAI and SoftBank in a $500 billion AI infrastructure partnership, and Johnson & Johnson falls after mixed guidance.

Wall Street's major indexes rose Wednesday. The benchmark S&P 500 hit a record high as investors cheered the quarterly report