Friday looked set to be a crucial day for Palantir Technologies stock after its two-day 15% slump as investors assessed whether the weakness was a blip or something more sustained.The shares rose 0.5% to $106.

Wall Street is hanging near its record on Friday after big companies turned in a mixed set of profit results. The S&P 500 was edging down by 0.1% in early trading, a day after pulling away from its all-time high following a weaker-than-expected profit forecast from Walmart.