U.S. stock indexes are drifting lower on Friday after a discouraging report suggested U.S. consumers are bracing for higher inflation over the next year. The S&P 500 was 0.3% lower in morning trading,

A Citigroup analyst recently lowered the company's price target on United Parcel Service ( UPS -0.48%) stock from $158 to $149 and maintained a buy rating on it. The price target cut isn't great news, but it still represents a 32% premium to the current price, indicating that the recent sell-off is a buying opportunity.

Wall Street is mixed in light trading early as anxiety dissipated somewhat after President Donald Trump agreed to a 30-day pause on his tariff threats against Mexico and Canada

Wall Street shifted lower in early trading Wednesday as markets took in more corporate earnings reports while considering the impact of tariffs being imposed by the United States and China.

Looking ahead, IDC estimates AI platform sales will increase at 40% annually to reach $153 billion by 2028. Palantir currently ranks second behind Microsoft in revenue share, but the company is growing like wildfire. Dan Ives recently told Yahoo Finance that no other company has a product comparable to AIP.

Some calm is returning to Wall Street, and U.S. stock indexes are making only modest moves after much of Europe and Asia rose earlier in the day.

Asian shares are trading mostly higher after a Wall Street rally that followed profit reports from major companies.

US stocks mostly gain early Thursday as investors weigh earnings reports. Amazon results are due after the close and monthly jobs on Friday.

Wall Street drifted higher as gains for most stocks outweighed drops for Alphabet and some other big-name companies following their latest earnings reports

Stocks on Wall Street edged higher Wednesday as the focus swings back toward how much profit businesses are making. The S&P 500 rose 0.3% in afternoon trading. The Dow Jones Industrial Average was up 274 points,