U.S. stocks were rising across the board on Wednesday morning, buoyed by the advance in megacap technology names. Under the surface, however, there is furious paddling. The Dow Jones Industrial Average was struggling to hold on to its slight gains,

The Dow Jones rallied on the stock market today amid moves by President Donald Trump. Cathie Wood snapped up a rebounding AI stock.

U.S. stock futures leaned lower Friday on concern over possible export restrictions on Nvidia, ahead of key data on the jobs market. Dow Jones Industrial Average futures fell 41 points, or 0.1%, to 42837. S&P 500 futures dropped 17 points, or 0.3%, to 5942.

Stocks surged on Wednesday after the latest consumer price index report showed core inflation unexpectedly slowed in December.

Wall Street analyzed the cooler-than-expected producer price index for December on Tuesday and looked ahead to the consumer price index report on Wednesday.

The moves come as Wall Street is gearing up for December's nonfarm payrolls reading, which is scheduled to come out at 8:30 a.m. ET on Friday. Economists polled by Dow Jones expect to see an increase of 155,000, less than the gain of 227,000 in November's reading. Additionally, the unemployment rate is projected to remain at 4.2%.

--Year-to-date it is up 1612.51 points or 3.79% Investor appetite for AI showed no sign of slowing, as Nvidia, Arm, Oracle, and more climbed on Wednesday.

Johnson & Johnson (JNJ) is currently at $142.83, down $5.32 or 3.59% --Would be lowest close since Jan. 10, 2025, when it closed at $142.06 --On pace for largest percent decrease since July 31, 2023, when it fell 3.98% --Down 23.21% from its all-time closing high of $186.01 on April 25, 2022

The industrial conglomerate posted earnings of $141 million, or 76 cents a share, for the quarter ended Dec. 28, down from $198 million, or $1.01 a share, a year earlier, and shy of the average analyst estimate of 94 cents a share, as per FactSet.

Major U.S. stock indexes were on course to post strong weekly gains in late-afternoon trading Friday, with the Dow Jones Industrial Average leading the way up. The Dow was on pace to rise 3.8% this week,

UnitedHealth shares have been pressured recently, falling about 10% since Dec. 4, when Thompson was killed. That outpaces the 3% drop in the S&P 500 index over that span and signals some investor jitters about the future of the business.

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.