Netflix, Oracle and other technology stocks lifted U.S. indexes as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence. The S&P 500 rose 0.6% Wednesday and closed just shy of the record it set in early December.

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

U.S. stocks are edging back from their all-time high on Friday as they close out a second straight winning week. The S&P 500 fell 0.4% in late trading, a day after setting a record. The Dow Jones Industrial Average was down 165 points,