Wall Street edged back from its all-time high on Friday, as U.S. stock indexes drifted following mixed profit reports from big companies. The S&P 500 barely budged and slipped by less than 0.1%, a day after rallying within 0.

Wall Street is flirting with a record on Friday, as U.S. stock indexes drift following some mixed profit reports from big companies. The S&P 500 rose 0.1% in afternoon trading, a day after rallying within 0.

However, the stock market shifted into a higher gear in November after Donald Trump emerged as the victor on election night. While it's crystal clear that Wall Street loves President Trump, an inherited risk threatens to send the Dow Jones, S&P 500, and Nasdaq Composite tumbling.