U.S. stocks saw modest gains on Thursday as investors reacted to soft inflation data and growing anticipation of a Federal Reserve rate cut. This optimism was fueled by strong tech earnings, particularly from Oracle, which soared 13% thanks to impressive quarterly results and forecasts for significant cloud infrastructure revenue growth in the coming year. The Nasdaq Composite gained 0.24%, while the Dow Jones Industrial Average rose 101.85 points, or 0.24%, to 42,967.62. A Boeing share drop of 4.8% following a fatal 787 Dreamliner crash in India, weighed on the Dow. However, investor sentiment remained strong as Treasury yields eased and economic data pointed towards potential Fed easing measures. The May producer price index rose only 0.1%, undershooting expectations, while jobless claims also showed signs of labor market softening. This positive data, combined with a successful Treasury auction, led to lower interest rates, with the 10-year note dipping below 4.4%. Trade tensions remained a factor as President Trump announced plans to send tariff warning letters to various countries. However, progress was noted in negotiations with key partners like China.