Wall Street is pointing slightly lower in early trading but is on track to close the week with solid gains on healthy quarterly earnings reports from large U.S. corporations.

U.S. stock indexes are rising following a mostly encouraging batch of profit reports from big companies. The S&P 500 rose 0.7% in afternoon trading Tuesday, as many markets around the world took only tentative steps following Donald Trump’s return to the White House.

Monday’s meltdown was a cold plunge on what had otherwise been a bull market for tech on the belief that AI would usher in a new golden age of worldwide productivity and sector-

Netflix, Oracle and other technology stocks are lifting U.S. indexes Wednesday as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence. The S&P 500 was up 0.