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.

Stocks are set for their third straight day of declines as the potential for a global trade war continues to simmer.

Wall Street drifted higher Wednesday as gains for most stocks outweighed drops for Alphabet and some other big-name companies following their latest profit 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 on Wednesday. The

Wall Street was mixed in light trading early Tuesday as anxiety dissipated somewhat after President Donald Trump agreed to a 30-day pause on his tariff threats against Mexico and Canada. Trump's imposed tariffs on China remained in place.