The Dow Jones rose on Thursday while the S&P 500 and Nasdaq built more support at the 50-day moving average in the stock market today.

Small caps outperformed on the upside, but the Nasdaq cut losses as Google stock, Mueller Water and Fiserv triggered new entry points.

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.

Trading on Wall Street is mixed and subdued with the arrival of more quarterly financial reports from major corporations and new data on the U.S. jobs market due over the final two days of the week. Futures for the S&P 500 and Dow Jones industrials shifted between tiny gains and losses before the bell Thursday,

Asian shares are trading mostly higher after a Wall Street rally that followed profit reports from major companies