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.

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Tech stocks are leading Wall Street lower as attention swings back toward how much profits companies are making and away from President Donald Trump’s tariffs. The S&P 500 fell 0.2% in early trading Wednesday following mixed trading in Europe and Asia.

Calm returned to Wall Street Tuesday, and tech stocks led U.S. indexes higher following a strong profit report from Palantir Technologies, a darling benefiting from the artificial-intelligence boom. The S&P 500 rose 0.