Wall Street Ticks Closer to Its Record After Oracle Rallies
- Boeing's stock fell more than 8% after Air India reported that a London-bound flight crashed shortly after takeoff from Ahmedabad airport with 242 passengers and crew onboard.
- Oracle's stock climbed 8.5% after the software maker beat Wall Street's sales and profit targets and raised its forecast.
69 Articles
69 Articles
New York.- The U.S. stock indexes closed with a rise this Thursday as Oracle’s strong prospects fueled optimism about artificial intelligence, counteracting concern over the rise in tension in the Middle East and the fall in Boeing’s stock. According to preliminary data, the S&P 500 gained 0.39 percent, ending at 6,000 045.43 units, while the Nasdaq Composite rose by 0.24 percent, to 19 thousand 662.16. The Industrial Average Dow Jones advanced …


Wall Street ticks closer to record after Oracle rallies
U.S. stocks drifted higher following another encouraging update on inflation. The S&P 500 added 0.4% Thursday and is sitting less than 2% below its record. The Dow Jones Industrial Average rose 0.2%, and the Nasdaq composite rose 0.2%. Treasury yields…

Wall Street drifts as Oracle rallies and Boeing sags
By STAN CHOE, Associated Press Business Writer NEW YORK (AP) — U.S. stocks are drifting on Thursday as Wall Street’s momentum cools following a big rally that had brought it to the brink of its record. The S&P 500 was 0.1% higher in morning trading. The Dow Jones Industrial Average was down 84 points, or 0.2%, as of 10:15 a.m. Eastern time, and the Nasdaq composite was 0.1% higher. Boeing was the biggest reason for the Dow’s struggles. It lost 3…

Stocks open lower on Wall Street as the market pulls further below its record
U.S. stocks are drifting lower as momentum wanes from a big rally that had brought the market to the brink of a record. The S&P 500 fell 0.3% in early trading Thursday. The Dow Jones Industrial Average was down 238…
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