US Markets Rally After Trump's AI Infrastructure Initiative

U.S. stock markets surged on Wednesday, driven by strong earnings from Netflix, which reported a significant increase in subscribers, and President Donald Trump's announcement of a substantial investment in artificial intelligence infrastructure. The Nasdaq led the gains, reflecting investor optimism, while the S&P 500 approached its all-time high. Trump's AI initiative includes a potential $500 billion funding plan, aiming to outpace rival nations and create over 100,000 jobs in the U.S. However, concerns linger about impending tariffs on China, Mexico, Canada, and the EU, which could dampen market enthusiasm. Despite the tariff threats, financial markets remain buoyed by a stable economy and expectations that the Federal Reserve will maintain interest rates. Overall, the combination of positive corporate earnings and a focus on technological advancement has energized investor sentiment.