U.S. stock indexes held firmer and finished mixed a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected.

Asian stocks largely lower on Thursday after U.S. stocks had a volatile trading session and ended mixed. Equities slumped after economic reports on labor market and services sector. Chinese shares were mixed.

Shares of Palantir Technologies (NASDAQ: PLTR) advanced 1,110% during the last two years as the company benefited from strong demand for its artificial intelligence platform. The median target of $39 per share implies 52% downside from its current share price of $80.

U.S. stock indexes are feeling pressure from better-than-expected reports on the job market and business activity.

U.S. stocks ended Wednesday little changed, with investors digesting the impact of two conflicting sets of jobs data and a report that said President-elect Donald Trump was mulling a national economic emergency declaration on inflation.

The S&P 500 and the Dow Jones Industrial Average were down Wednesday morning while the Nasdaq composite was slightly up.

Wall Street is drifting lower in early trading a day after strong reports on the economy stirred up worries that inflation and interest rates may stay higher than expected. The

U.S. stocks dipped on Wednesday, as investors digested the impact of two conflicting sets of jobs data and a report that said President-elect Donald Trump was mulling a national economic emergency declaration on inflation.

US survey data rekindled inflation concerns and rising bond yields helped pull the rug out from under a rally on Wall Street on Tuesday.

Wall Street pointed modestly lower Wednesday as markets remain anxious about lingering inflation and the potential for fewer interest rate cuts by the Federal Reserve.