The view that President Donald Trump's tough tariff talk is nothing more than a negotiating tactic appeared to be starting to fade, considering his willingness to now include the European Union as one of his targets.

Netflix, Oracle and other big technology stocks lifted Wall Street Wednesday as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence. The S&P 500 rose 0.

U.S. stock indexes are drifting higher following a mostly encouraging batch of profit reports from big companies

Europe’s stock benchmark was on track for a record high and US equity futures gained as optimism over more artificial intelligence spending under Donald Trump offset uncertainties over looming tariffs.