From Yahoo Finance: 2025-06-13 12:15:00

The Dow lags as Boeing’s pullback impacts the index, while U.S. initial jobless claims remain unchanged at 248,000, hitting an eight-month high. Geopolitical tensions in the Middle East raise oil prices, triggering safe-haven flows that weigh on equities and the dollar. U.S.-China trade progress offers cautious optimism with rare-earths agreements, but lack of detailed commitments keeps investors cautious.

Gold prices soar near $3,400 due to global trade uncertainty, while oil prices remain mostly flat following recent gains. Conagra Brands downgraded to Underperform on protein cost headwinds, Tapestry upgraded to Buy on continued Coach momentum. Ouster downgraded to Neutral, Wolfe upgraded Datadog to Outperform for AI growth opportunity, and Joby Aviation downgraded to Neutral on valuation.

AWS to revamp AI cloud service Bedrock for easier use of AI models, Moderna in talks for funding late-stage vaccine trials, Roche CEO raises concerns about Trump’s drug pricing executive order, Tesla files lawsuit against former employee for stealing information. Airbus hopeful to reach 2025 delivery target despite bottlenecks.

Telus Digital Experience gains after buyout indication from Telus, Applied Optoelectronics rises after first volume shipment, Fortrea appoints new CEO, Perpetua Resources drops after announcing bought deal and private placement, GameStop falls after senior notes offering. Indexes: Dow down 0.05%, Nasdaq up 0.12%, S&P 500 up 0.18% near midday.



Read more at Yahoo Finance: Oracle reports Q4 beat, BioNTech to acquire CureVac: Morning Buzz