The S&P 500 increased on thursday, fueled by investor enthusiasm surrounding Oracle and a boost in the technology sector.

The Nasdaq Composite rose by 0.3%, while the Dow Jones Industrial Average saw an increase of 44 points, equivalent to 0.1%.

oracle shares experienced a significant surge of 14% following the release of their fiscal fourth-quarter results, which surpassed expectations and signaled further expansion in cloud services. CEO Safra Catz projected a cloud infrastructure revenue increase exceeding 70% in the 2026 fiscal year, driven by AI demand, a notable rise from the 52% growth in the recent quarter.The surge in Oracle shares positively influenced other major technology stocks, positioning the sector as a leader in the S&P 500‘s overall gains on Thursday.

Boeing’s Decline and Economic Indicators

Conversely, Boeing, a Dow Jones Industrial Average component, experienced a 4% decrease in its stock value following the crash of an Air india Dreamliner 787 shortly after takeoff, which had 242 passengers on board.

“We made a great deal with China,” Trump told reporters.

the stock market also benefited from recent economic data suggesting a robust economy. The producer price index for May, which measures final demand prices, showed a modest increase of 0.1% after a 0.2% decrease in April. This figure was slightly below the 0.2% increase projected by economists surveyed by Dow Jones Industrial Average. Following the release of the inflation report, bond yields saw a decrease on Thursday.

Trade Policy and Future Outlook

However, President Donald Trump’s threat of unilateral tariffs appeared to restrain further market gains. Wall Street is closely monitoring developments in trade policies,particularly between the U.S. and China,as discussions between the two nations have been a central theme this week. Trump mentioned on Wednesday his willingness to extend the July 8 deadline for concluding trade negotiations before imposing higher U.S. tariffs, though he suggested such extensions might not be necessary.

U.S. and Chinese officials established a framework for future discussions in London following two days of talks, but the ambiguous outline requires approval from both Trump and Chinese President Xi Jinping. Both countries agreed to ease certain restrictions concerning rare earth metals and international students.

Tom Hainlin, a senior investment strategist at U.S.