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
ByThe Associated Press
January 22, 2025, 4: 20 PM
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 Dow Jones Industrial Average rose 0.3%, and the Nasdaq composite climbed 1.3%. The gains came even though the majority of U.S. stocks fell under the weight of