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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.
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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 …

San Diego Union TribuneSan Diego Union Tribune
+33 Reposted by 33 other sources
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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…

·San Diego, United States
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The Columbian broke the news in Vancouver, United States on Thursday, June 12, 2025.
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