From Yahoo Finance: 2025-06-12 06:34:00

U.S. stocks rebounded, closing higher with gains in technology shares, overcoming losses from tariff tensions and Boeing’s crash. Dow rose 0.24%, S&P 500 up 0.38%, Nasdaq added 0.24%. Oracle’s results and outlook boosted artificial intelligence optimism. Treasury yield fell to 4.359%.

President Trump raised tariff tensions with a promise of unilateral rates in two weeks. Boeing shares fell 4.41% after a deadly crash in India. Plans to impose tariffs on trading partners ahead of July 9 deadline.

Trump’s tariff threats contrast with positive U.S.-China trade framework. Treasury Secretary open to extending tariff pause. Commerce Sec tough EU negotiations, but progress made. New trade quotas for British autos and American beef and ethanol soon.

Producer prices rose 2.6% in May, in line with estimates. Economists expect tariff-related inflation. Jobless claims steady at 248,000. Oil prices edge up on Mideast tensions. U.S. embassy in Iraq prepares for evacuation amid heightened risks.

Israel considers military action against Iran. JP Morgan predicts $60 oil prices, warns of $120 spike with Iran attack. Iran declared in breach of non-proliferation obligations. Oracle’s strong results, shares up 13.31%. GameStop, CureVac news impacts stocks.

Read more: US stocks end up as Oracle rejuvenates AI sentiment. Boeing shares drop after deadly crash.