NEW YORK -- U.S. stocks ticked higher on Wednesday to hit another all-time high. The S&P 500 rose 0.5% and set a record for the third time in four days. The Dow Jones Industrial Average edged down by 10 points, or less than 0.1%, and the Nasdaq composite gained 0.9%.

Asian shares are mostly trading higher after U.S. stocks hit another record. The indexes in Shanghai, Tokyo and Seoul inched higher Thursday, while Hong Kong was lower.

U.S. stocks ticked higher on Wednesday to hit another all-time high. The S&P 500 rose 0.5% and set a record for the third time in four days.