Wall Street's main indexes opened higher on Wednesday, with the benchmark S&P 500 just shy of a record high, as investors cheered streaming giant Netflix's strong quarterly performance and President Donald Trump's multi-billion dollar support to bolster AI infrastructure.

Wall Street’s main indexes opened higher on Wednesday (Jan 22), with the benchmark S&P 500 just shy of a record high, as investors cheered streaming giant Netflix’s strong quarterly performance and President Donald Trump’s multi-billion dollar support to bolster AI infrastructure.

Dubbed Stargate, the joint venture was poised to receive an initial cash injection of $100bn from the tech giants, rising to as much as $500bn over the next four years, according to two people familiar with the matter.