Investing.com — U.S. stock index futures rose Tuesday evening after gains on Wall Street, as investors weighed new President Donald Trump's policies, while Netflix shares rose after the bell on strong results.
The index gained 0.2% to 6,096.25 points, while it rose 0.5% to 21,810.35 points by 18:58 Eastern time (23:58 GMT). It was largely unchanged at 44238.0 points.
Markets are optimistic as Trump avoids tariffs on day one
On January 20, Trump was inaugurated as the 45th President of the United States, marking the beginning of a new administration that promised major policy changes.
In his inaugural address, Trump emphasized his vision of restoring American greatness, focusing on the themes of economic revitalization, national security, and a shift away from globalization in favor of prioritizing domestic interests.
Immediately after taking office, President Trump began issuing a series of executive orders affirming his campaign pledges.
Markets were positive as Trump avoided imposing sweeping tariffs on his first day, although he said he was considering it.
Among many other orders, he created the so-called State Efficiency Administration, which will be led by Tesla (NASDAQ: ) (NASDAQ:TSLA) CEO Elon Musk.
Netflix rose on strong fourth-quarter results
Netflix Inc (NASDAQ:) shares rose more than 14% in extended trading to $993.99 after the company reported a record 19 million new subscriber additions in the fourth quarter of 2024, far exceeding Wall Street expectations.
The increase in subscriptions has been driven by a series of blockbuster content releases, including new seasons and widely acclaimed original films, as well as the introduction of regionally tailored programming that has resonated with diverse global audiences.
Quarterly revenues rose to US$9.5 billion, up 8% year-over-year, while net income reached US$915 million, reflecting 12% growth.
Netflix also announced plans to raise prices for most subscription tiers in the US, Canada, Portugal and Argentina, citing increased investments in programming.
Wall Street ends higher on Trump optimism
Analysts expect continued volatility in the near term due to Trump's policies, but they expect his first year in office to see a rise in the stock markets.
The index rose 1.2% to 44,025.81 points, and rose 0.9% to 6,049.24 points, while the index rose 0.6% to 19,756.7 points.
In other news, President Trump unveiled a $500 billion joint venture, called Stargate, involving OpenAI, Oracle Corporation (NYSE:), and SoftBank Group Corp. (TYO:), Microsoft Corporation (NASDAQ:), NVIDIA Corporation (NASDAQ:), and other technology leaders.
The cooperation aims to build large-scale AI data centers and power generation facilities in Texas over the next four years, greatly enhancing the country's AI capabilities.
Oracle closed up 7.7%, while Microsoft and Nvidia shares rose in extended trading.
Wednesday, GE Vernova LLC (NYSE:), the energy division of General Electric (NYSE:), is scheduled to announce its quarterly earnings.
Johnson & Johnson (NYSE:) and Procter & Gamble (NYSE:) are scheduled to report their results on Wednesday.
