Google's parent company and other tech stocks are weighing on a mixed Wall Street Wednesday as the focus swings back toward how much profit businesses are making. The S&P 500 rose 0.1% in afternoon trading.

Asian shares were trading mostly higher Thursday, after a Wall Street rally that followed profit reports from major companies. Japan's benchmark Nikkei 225 gained nearly 0.2% in early trading to 38,888.

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 drifted higher Wednesday as gains for most stocks outweighed drops for Alphabet and some other big-name companies following their latest profit reports. The S&P 500 rose 0.4% following mixed trading across European and Asian markets.