Major U.S. indexes edged higher at midday Thursday as a report showed the latest wholesale inflation figures were in line with economists’ expectations. The S&P 500, Nasdaq, and Dow all advanced.

Kroger ( KR ) shares rose after the biggest U.S. grocery chain beat profit estimates and boosted its guidance as price cuts brought in more budget-conscious shoppers.

Warner Bros. Discovery ( WBD ) shares jumped as the media company struck a new distribution deal with Charter Communications ( CHRT ). Charter Communications shares gained as well.

Shares of Newmont ( NEM ) and rival gold miners rose as the price of the precious metal hit an all-time high.

Moderna ( MRNA ) shares plunged after the vaccine maker said it was slashing its research and development spending .

Shares of Micron Technology ( MU ) dipped after BNP Paribas Exane gave the stock a double downgrade, warning the chipmaker is lagging behind rivals in artificial intelligence products (AI).

Shares of Tommy Bahama owner Oxford Industries ( OXM ) fell after the apparel maker reported weaker-than-expected results and slashed its guidance amid a “challenging consumer environment.”

Oil futures climbed and the yield on the 10-year Treasury note was higher. The U.S. dollar gained on the yen but lost ground to the euro and pound. Most major cryptocurrencies traded in the green.