U.S. stocks are drifting higher following signals that the U.S. economy remains solid, for the moment at least.

U.S. stocks are drifting higher Wednesday as Wall Street waits to hear what the Federal Reserve will say in the afternoon about where interest rates may be heading. The S&P 500 was up 0.3% in early trading.

U.S. stock indexes opened lower on Thursday, as worries about the fallout of U.S. tariff policies returned a day after the Federal Reserve stuck to its monetary easing plans, but warned of an uncertain economic backdrop.