U.S. stocks on Wednesday were extending their post-inauguration rally to a second day as Wall Street welcomed President Donald Trump’s calmer-than-expected tone on tariffs and his artificial-intelligence initiative to expand tech infrastructure in the U.S.
Stocks are poised to open higher on Wednesday, extending a rally that has put major indexes within sight of record highs.
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.
Dow Jones Industrial Average rises 120.97 points, or 0.27 per cent, to 44,146.78. Read more at straitstimes.com.
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.
President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season rolls on.