U.S. stocks are drifting higher Tuesday after more companies said they made bigger profits at the end of last year than analysts expected. The S&P 500 was up 0.5% in midday trading, as many markets around the world took only tentative steps following Donald Trump’s return to the White House on Monday.

Stock markets in the Asia-Pacific region have moved higher after President Donald Trump outlined a pro-business agenda for his second term in the White House and stopped short of imposing new trade tariffs on his first day in office.

Key Takeaways Stocks rose and Treasury yields fell on Tuesday as market participants reacted to a slew of executive orders issued by President Donald Trump on the first day of his second term.Trump ordered federal agencies to investigate current trade policies but stopped short of imposing tariffs,