Wall Street is drifting and making smaller moves on Wednesday, a day after strong reports on the economy stirred up worries that inflation and interest rates may stay higher than expected. The S&P 500 was edging down by 0.

The day of mourning will be held on the same day as Mr. Carter’s funeral at Washington National Cathedral. President Biden will deliver a eulogy at the funeral, and a eulogy written by Gerald R. Ford, who died in 2006, will be read by his son Steven Ford.

The U.S. will honor former President Jimmy Carter, who died on Dec. 29 at age 100, with an official state funeral on Thursday, Jan. 9.