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.

U.S. stocks are drifting higher Tuesday after more companies said they made bigger profits at the end of last year than analysts expected.The S&P 500 was up 0.5% in midday trading, as many markets around the world took only tentative steps following Donald Trump’s return to the White House on Monday.