Stocks in the US were trading slightly higher on Thursday as encouraging corporate earnings and cooling inflation offset lingering trade uncertainties. The S&P 500 and Nasdaq each rose around 0.2%, lifted by a 13% surge in Oracle shares following strong quarterly results and an upbeat forecast for cloud growth driven by AI demand. However, Boeing fell over 4% after a deadly crash involving an Air India Dreamliner, weighing on the Dow, which edged up 0.1%. Economic data showed further signs of easing inflation, with the Producer Price Index rising just 0.1% in May, boosting hopes for a Federal Reserve rate cut later this year. President Trump reiterated his push for a significant rate cut and confirmed plans to send tariff-related letters to US trading partners, while still expressing confidence in a trade framework with China. Among sectors, technology, utilities and health outperformed, while communication services, consumer discretionary and industrials led losses.