Wall Street is drifting Wednesday as gains for most stocks outweigh drops for Alphabet and some other big-name companies following their latest profit reports. The S&P 500 was 0.2% higher in late trading.

Dillard's (NYSE: DDS) might be the best-performing stock you've never heard of. The Arkansas-based department store chain is up 670% over the last five years as an aggressive share buyback program and a number of behind-the-scenes competitive advantages have driven phenomenal growth for an otherwise sleepy-looking business,

Stocks on Wall Street edged higher Wednesday as the focus swings back toward how much profit businesses are making.

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