Wall Street is holding firmer on Wednesday, and U.S. stocks are drifting between small losses and gains a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected.

Asian Shares Mostly Rise After Wall Street Rally Led by Nvidia TOKYO (AP) — Asian shares mostly rose Tuesday, deriving optimism from rising technology stocks on Wall Street, led by Nvidia. Japan's benchmark Nikkei 225 jumped 2.

U.S. stock indexes are feeling pressure from better-than-expected reports on the job market and business activity.

China's stock exchanges and central bank rushed to defend a tumbling yuan and falling stock markets on Monday, trying to soothe investors concerned about Donald Trump's return to the White House and Beijing's ability to revive the economy.

Good news for the U.S. economy is back to being bad for Wall Street as the S&P 500, Dow Jones industrial average and Nasdaq all post losses.

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.