US stocks have edged higher as investors digest a batch of mostly positive economic data on jobs, retail sales and inflation.
In the first five minutes of Thursday trade, the Dow Jones Industrial Average rose 11.21 points (0.08 per cent) to 13,256.66.
The broad-market S&P 500 advanced 0.65 point (0.05 per cent) to 1,429.13, while the Nasdaq Composite climbed 2.66 (0.09 per cent) to 3,016.48.
The "inability to rally after the Fed announcement yesterday has taken some steam out of the market, which has been in rally mode since mid-November," said Patrick O'Hare of Briefing.com.
"It is understandable given the Grinch-like message from the Fed that participants shouldn't expect a meaningful pickup in economic activity soon whether we go over the fiscal cliff or not," he said.
On Wednesday, after a surge on the Fed's announcement of more bond purchases to support the sluggish economy, the Dow fell 0.02 per cent, breaking a five-day winning streak.
The S&P 500 edged up 0.04 per cent and the tech-rich Nasdaq dropped 0.28 per cent.
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