U.S. stocks drift lower

News Snapshot:

Traders Michael Capolino, left, Fred Demarco, center, and Edward McCarthy work on the floor of the New York Stock Exchange, Tuesday, June 10, 2025. (AP Photo/Richard Drew) NEW YORK — U.S. stock indexes are drifting higher on Thursday following another encouraging update on inflation. The S&P 500 was 0.3% higher in late trading and sitting just 1.7% below its record. The Dow Jones Industrial Average was up 90 points, or 0.2%, with an hour remaining in trading, and the Nasdaq composite was 0.2% higher. Oracle pushed upward on the market after jumping 13.8%. The tech giant delivered stronger profit and...