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

Most Wall Street analysts expect Palantir and Super Micro shares to decline in 2025, and certain analysts recommend selling the stocks. Palantir is a risky investment because of its expensive valuation,

A soft finish to 2024 still left stocks with a second straight stellar year. The S&P 500 logged a 23.3% gain, which follows a 24% rise in 2023. The combined gains of more than 53% was the largest two-year percentage jump for the index since year-end 1998,

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

Spotify Technology (NYSE: SPOT) operates the world's largest music streaming platform, whereas Netflix (NASDAQ: NFLX) is the dominant streaming provider for movies and TV shows. Spotify stock soared by 140% during 2024,

Uber drove 3.2% higher after the ride-hailing app said it would accelerate $1.5 billion in purchases of its own stock, part of a previously announced $7 billion buyback program. Uber’s chief financial officer, Prashanth Mahendra-Rajah, said it’s making the move because its stock price looks cheap compared with the strength of its business.

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.

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.

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.