Traders work on the floor of the New York Stock Exchange during morning trading in New York City on Jan. 22, 2025. Stocks continued an upward swing opening up high a day after the Dow Jones closed up 500 points and the S&P 500 approaching an all-time high. The rise comes after OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son and Oracle Chairman Larry Ellison made an announcement alongside President Donald Trump that they will create a new company, called Stargate, to grow artificial intelligence infrastructure in the U.S. Michael M. Santiago/Getty Images
Wall Street remained optimistic about President Donald Trump’s second term and artificial intelligence (AI) investments. Stocks rallied during the Jan. 22 trading session, with the benchmark S&P 500 Index reaching a record high.
The index picked up 37.12 points, or 0.61 percent, to finish at a fresh record high of 6,086.36. The S&P 500 has recorded gains in six out of the last seven sessions and has jumped 3.48 percent so far in January.
