US stock markets today: Wall Street dips as Boeing sinks after London-bound Boeing 787 Dreamliner crash, soft inflation lifts Fed cut hopes

Jun 12, 2025 - 20:30
US stock markets today: Wall Street dips as Boeing sinks after London-bound Boeing 787 Dreamliner crash, soft inflation lifts Fed cut hopes

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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.

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