{"id":49809,"date":"2025-06-12T10:02:00","date_gmt":"2025-06-12T14:02:00","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/stock-market-today-markets-open-lower-as-boeing-shares-plunge-following-air-india-crash\/49809\/"},"modified":"2025-06-12T10:02:00","modified_gmt":"2025-06-12T14:02:00","slug":"stock-market-today-markets-open-lower-as-boeing-shares-plunge-following-air-india-crash","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-markets-open-lower-as-boeing-shares-plunge-following-air-india-crash\/49809\/","title":{"rendered":"Stock Market Today: Markets Open Lower as Boeing Shares Plunge Following Air India Crash"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-markets-open-lower-as-boeing-shares-plunge-following-air-india-crash\/49809\/#Major_Indexes_Retreat_at_the_Opening_Bell\" >Major Indexes Retreat at the Opening Bell<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-markets-open-lower-as-boeing-shares-plunge-following-air-india-crash\/49809\/#Economic_Data_Shows_Modest_Inflation\" >Economic Data Shows Modest Inflation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-markets-open-lower-as-boeing-shares-plunge-following-air-india-crash\/49809\/#Chime_Makes_Nasdaq_Debut\" >Chime Makes Nasdaq Debut<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-markets-open-lower-as-boeing-shares-plunge-following-air-india-crash\/49809\/#Trade_Negotiations_in_Focus\" >Trade Negotiations in Focus<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-markets-open-lower-as-boeing-shares-plunge-following-air-india-crash\/49809\/#Oil_Prices_Remain_Elevated\" >Oil Prices Remain Elevated<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-markets-open-lower-as-boeing-shares-plunge-following-air-india-crash\/49809\/#Looking_Ahead\" >Looking Ahead<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Major_Indexes_Retreat_at_the_Opening_Bell\"><\/span>Major Indexes Retreat at the Opening Bell<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>U.S. stock markets opened lower on Thursday, June 12, 2025, as investors digested a tragic airline crash, fresh inflation data, and ongoing trade negotiations. <b>At the market open<\/b>, the <a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average fell sharply, dragged down by Boeing&#8217;s steep decline. The <a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&#038;P 500<\/a> dropped below the 6,000 mark, while the tech-heavy Nasdaq Composite also retreated from yesterday&#8217;s levels.<\/p>\n<p>Boeing (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=BA\">BA<\/a>) shares plummeted nearly 8% <b>at today&#8217;s market open<\/b> after an Air India Boeing 787-8 Dreamliner crashed shortly after takeoff from Ahmedabad, India. The aircraft, carrying 242 passengers and crew bound for London Gatwick, crashed in a civilian area near the airport, with India&#8217;s health minister confirming &#8220;many people&#8221; were killed.<cscitation citation_id=\"task_2__2\"><\/cscitation> This marks a significant setback for Boeing, which has been working to rebuild trust in its aircraft safety under new CEO Kelly Orthberg.<\/p>\n<p>&#8220;It&#8217;s a knee-jerk reaction to the incident and there&#8217;s revised fears of the problems that plagued Boeing aircraft and Boeing itself in recent years,&#8221; said Chris Beauchamp, analyst at IG Group.<cscitation citation_id=\"task_2__2\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Economic_Data_Shows_Modest_Inflation\"><\/span>Economic Data Shows Modest Inflation<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The U.S. Bureau of Labor Statistics released the Producer Price Index (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=PPI\">PPI<\/a>) data this morning, showing a modest 0.1% increase in May, below economists&#8217; expectations of 0.2%.<cscitation citation_id=\"task_3__2\"><\/cscitation> On an annual basis, producer prices rose 2.6%, slightly up from 2.5% in April.<\/p>\n<p>The increase in producer prices was led by a 0.1% rise in services prices and a 0.2% increase in goods prices.<cscitation citation_id=\"task_3__1\"><\/cscitation> This follows Wednesday&#8217;s Consumer Price Index report, which showed consumer prices increased just 0.1% in May, putting the annual inflation rate at 2.4%.<\/p>\n<p>&#8220;With all the things going on, the economy slowing, earnings growth likely to slow, lots of trade negotiations to still work through, is there really a good reason to take a run at the record high? I don&#8217;t know about that. It makes a lot of sense to me that we&#8217;d be choppy and maybe see a little downside here,&#8221; Scott Wren, senior global market strategist at Wells Fargo, told CNBC.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Chime_Makes_Nasdaq_Debut\"><\/span>Chime Makes Nasdaq Debut<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><b>In today&#8217;s market news<\/b>, online banking services provider Chime is making its Nasdaq trading debut after pricing its IPO at $27 per share, above the expected range. The offering values the company at $11.6 billion, significantly below its last private valuation of $25 billion in 2021.<cscitation citation_id=\"task_1__3\"><\/cscitation><\/p>\n<p>Chime&#8217;s public debut will test investor appetite for consumer-facing finance companies following recent successful IPOs from eToro and Circle, which saw their shares pop 29% and 168%, respectively, in their trading debuts.<cscitation citation_id=\"task_1__3\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Trade_Negotiations_in_Focus\"><\/span>Trade Negotiations in Focus<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investors continue to monitor developments in U.S.-China trade relations. Treasury Secretary Scott Bessent signaled on Wednesday that the 90-day pause on reciprocal tariffs could be extended for 18 of the United States&#8217; &#8220;important trading partners&#8221; who are &#8220;negotiating in good faith.&#8221;<cscitation citation_id=\"task_1__3\"><\/cscitation><\/p>\n<p>Meanwhile, Commerce Secretary Howard Lutnick clarified that U.S. tariff levels on China will not change, despite former President Trump&#8217;s social media post claiming &#8220;WE ARE GETTING A TOTAL OF 55% TARIFFS, CHINA IS GETTING 10%.&#8221;<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Oil_Prices_Remain_Elevated\"><\/span>Oil Prices Remain Elevated<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In the commodities <b><a href=\"https:\/\/stockmarketwatch.com\/live\/stock-market-today\" data-internallinksmanager029f6b8e52c=\"6\" title=\"Stock Market Today\">market today<\/a><\/b>, crude oil futures remained elevated after jumping more than 4% on Wednesday amid rising tensions between the U.S. and Iran. Trump expressed doubt that the two countries could reach a nuclear deal, further pressuring energy markets.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Looking_Ahead\"><\/span>Looking Ahead<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><b>As the <a href=\"https:\/\/stockmarketwatch.com\/live\/stock-market-today\" data-internallinksmanager029f6b8e52c=\"6\" title=\"Stock Market Today\">stock market live<\/a> session continues<\/b>, investors will be closely watching Boeing&#8217;s stock performance and any updates regarding the Air India crash investigation. The S&#038;P 500 remains about 2% below its late February record high, and market participants are weighing whether current economic conditions support another push toward new highs.<\/p>\n<p>The Federal Reserve is expected to keep its benchmark overnight interest rate in the 4.25%-4.50% range at next Wednesday&#8217;s meeting, with economists anticipating a potential resumption of monetary policy easing in September.<cscitation citation_id=\"task_3__2\"><\/cscitation><\/p>\n<p>With inflation data coming in below expectations and ongoing trade negotiations creating uncertainty, <b>markets today<\/b> are likely to remain volatile as investors navigate these complex economic crosscurrents.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Major Indexes Retreat at the Opening Bell U.S. stock markets opened lower on Thursday, June 12, 2025, as investors digested 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