The Nasdaq led US stocks higher on Wednesday after Donald Trump's boost to AI demand hopes outweighed fresh tariff threats from the new US president.
The Nasdaq Composite (^IXIC) rose nearly 1%, bolstered by surprisingly strong earnings from Netflix (NFLX), and the S&P 500 (^GSPC) climbed 0.5%. Meanwhile, the Dow Jones Industrial Average (^DJI) was up 0.2%, coming off a rise of over 500 points on a winning Tuesday on Wall Street.
Trump is in the driving seat for markets, with investors on alert for any fresh move in the president's fast-flowing overhaul of policy.