U.S. stock indexes drifted lower Thursday following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies. The S&P 500 slipped 0.2% after flipping between small gains and losses through the day.

Asian Shares Advance After Inflation Data Drives a Rally on Wall Street TOKYO (AP) — Asian shares mostly rose Thursday, following a rally on Wall Street driven by encouraging update on U.S. inflation.

Wall Street was heading for more gains before the open on Friday as markets try to log their first winning week of 2025 on the final day of trading during the Biden presidency. Futures for the S&P 500 climbed 0.

Wall Street is drifting and making smaller moves on Wednesday, a day after strong reports on the economy stirred up worries that inflation and interest rates may stay higher than expected. The S&P 500 was edging down by 0.