Wall Street held firmer on Wednesday, a day after strong reports on the economy hurt U.S. stocks by stirring up worries that inflation and interest rates may remain higher than expected. The S&P 500 rose 0.

Asian stocks are mostly lower after U.S. stock indexes finished mixed a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected

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

The S&P 500 and the Dow Jones Industrial Average were down Wednesday morning while the Nasdaq composite was slightly up.

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 pointed modestly lower Wednesday as markets remain anxious about lingering inflation and the potential for fewer interest rate cuts by the Federal Reserve. Futures for the S&P 500 and the Dow Jones Industrial Average were both down about 0.