U.S. stock indexes are drifting higher following a mostly encouraging batch of profit reports from big companies.

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.

President Donald Trump making stock market history may serve as an ominous short-term warning for investors, but the long-term upward trajectory for equities remains firmly intact.