The Dow Jones Industrial Average and other major indexes extended their gains Wednesday, as Wall Street cheered President Donald Trump's $500 billion Stargate artificial intelligence project. Meanwhile,

Dow Jones futures edged higher early Thursday, while S&P 500 futures and Nasdaq futures fell slightly.Artificial intelligence stocks such as Oracle, Nvidia, Arm Holdings and Palantir Technologies, which drove the S&P 500 to a new high Wednesday,

Stock futures are modestly lower Friday morning as the U.S. equities market takes a breather from a rally that has pushed major indexes to record high levels.

Netflix, Oracle and other tech stocks lifted U.S. indexes as their profits pile higher and excitement builds around AI's moneymaking prospects.

Stocks closed solidly higher on Thursday for the fourth straight session as investor optimism about the Trump administration continues to run high.

The Dow Jones Industrial Average (DJIA) continues to lean into the bullish on Wednesday, climbing around 100 points and inching towards 44,200 as equities tilt into the buy button. There aren’t any particular reasons for a fresh bull run to kick off, but investors aren’t finding any particular reason for a turn into the bearish side, either.

Historically, the Dow has performed better compared to the broader market. According to S&P Global, in the past 30 years up until June 2021, the Dow index returned approximately 11.16% compared to the market’s return of 10.6%. This growth is mainly due to the Dow’s stable, industry-leading companies that offer reliable dividends and returns.

The S&P 500 ( ^GSPC) jumped over 0.5% to secure its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, while the Nasdaq Composite ( ^IXIC) recovered from earlier session losses to finish the day up about 0.2%.

U.S. stock futures edged lower in early action Thursday as traders took a breather after three days of gains. Dow Jones Industrial Average futures fell 23 points, or 0.1%, to 44330. S&P 500 futures dropped 11 points,

The Dow Jones Industrial Average was up 776 points, or 1.8%, at 43,294. The S&P 500 was up roughly 111 points, or 1.9%, at 5,954. The Nasdaq Composite was up about 469 points, or 2.5%, near 19,514.

All told, the S&P 500 rose 37.13 points, the Dow Jones Industrial Average gained 130.92 and the Nasdaq composite jumped 252.56.

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.