Sherry Paul, Morgan Stanley private wealth advisors and senior portfolio manager, joins CNBC's 'Closing Bell' to discuss market outlooks.

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.

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Netflix shot up 14.6% after it reported adding nearly 19 million subscribers during the holiday-season quarter and it topped sales and profit targets. The video streaming service’s expansion into live programming appears to be paying off as it wrapped up its best year ever with more than $40 billion in revenue.

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Inflation data came in better than expected this morning. Treasury yields fell, sending tech and AI stocks higher. The market found relief after concerns of inflation reverting higher led ...

(Reuters) - U.S. stock index futures rose on Wednesday, with those tied to the tech-heavy Nasdaq in the lead as investors cheered streaming giant Netflix's strong quarterly performance and President Donald Trump's multi-billion show of support for the AI technology industry.

Project Stargate will see companies like Oracle, SoftBank, MGX, and OpenAI commit an initial $100 billion to build data centers in the U.S.

The company's share price was up 11% as of 11 a.m. ET and had been up as much as 14.9% earlier in the daily session. Meanwhile, the S&P 500 index was up 1.6% and the Nasdaq Composite index was up 2.1%.

Netflix, Oracle and other technology stocks are lifting US indexes as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence.

Dow Jones Industrial Average rises 120.97 points, or 0.27 per cent, to 44,146.78. Read more at straitstimes.com.