US stock markets today: Wall Street dips as Boeing sinks after London-bound Boeing 787 Dreamliner crash, soft inflation lifts Fed cut hopes
Thursday, 12 June 2025 () US stocks experienced a slight downturn Thursday, reversing recent gains as Boeing's stock plummeted following a fatal Air India crash. Oracle's strong earnings offered some positive momentum. Favorable inflation data and rising jobless claims fueled hopes for potential Federal Reserve interest rate cuts later in the year.
An Air India Boeing 787-8 Dreamliner crashed shortly after takeoff from Ahmedabad, marking the first fatal accident involving this flagship long-haul aircraft. The doomed flight had 242 people onboard, including foreign nationals. Designed for fuel efficiency and long-range travel, the 787-8 has...
An Air India Boeing 787-8 Dreamliner crashed shortly after takeoff from Ahmedabad, marking the first fatal accident involving this flagship long-haul aircraft. The doomed flight had 242 people onboard,..
Thursday, 12 June 2025 ()
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