S&P 500 ends higher as Oracle reignites AI rally; Boeing drops
From Yahoo Finance: 2025-06-12 06:19:00
The S&P 500 closed higher on Thursday, boosted by Oracle’s strong AI outlook. Boeing shares fell nearly 5% after a tragic crash in India. Tensions in the Middle East also influenced global markets. Trump announced U.S. personnel movement from the region. The S&P 500 ended at 6,045.26 points, with Nasdaq and Dow Jones also rising. Gold miners’ shares surged, and Fed interest rate cuts are expected, with a 60% chance of a September cut. Goldman Sachs lowered U.S. recession probability to 30%.
Read more: S&P 500 ends higher as Oracle reignites AI rally; Boeing drops