U.S. stock indexes rose on Wednesday due to stronger-than-expected earnings from major tech companies and growing optimism for AI.

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.

Wall Street's major indexes opened positively as the S&P 500 approached a record high, driven by Netflix's strong quarterly results and President Trump's substantial investment in AI infrastructure. The Dow Jones,