{"id":49810,"date":"2025-06-12T11:02:36","date_gmt":"2025-06-12T15:02:36","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/stock-market-today-major-indexes-retreat-as-boeing-crash-weighs-on-sentiment\/49810\/"},"modified":"2025-06-12T11:02:36","modified_gmt":"2025-06-12T15:02:36","slug":"stock-market-today-major-indexes-retreat-as-boeing-crash-weighs-on-sentiment","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-major-indexes-retreat-as-boeing-crash-weighs-on-sentiment\/49810\/","title":{"rendered":"Stock Market Today: Major Indexes Retreat as Boeing Crash Weighs on Sentiment"},"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-major-indexes-retreat-as-boeing-crash-weighs-on-sentiment\/49810\/#Midday_Market_Update_S_P_500_Nasdaq_and_Dow_All_Slip_Following_Three-Day_Rally\" >Midday Market Update: S&#038;P 500, Nasdaq, and Dow All Slip Following Three-Day Rally<\/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-major-indexes-retreat-as-boeing-crash-weighs-on-sentiment\/49810\/#Economic_Data_Points_to_Cooling_Inflation\" >Economic Data Points to Cooling 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-major-indexes-retreat-as-boeing-crash-weighs-on-sentiment\/49810\/#Boeing_Crash_Weighs_on_Dow_as_Air_India_Flight_Goes_Down\" >Boeing Crash Weighs on Dow as Air India Flight Goes Down<\/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-major-indexes-retreat-as-boeing-crash-weighs-on-sentiment\/49810\/#Chime_IPO_Tests_Market_Appetite_for_Fintech\" >Chime IPO Tests Market Appetite for Fintech<\/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-major-indexes-retreat-as-boeing-crash-weighs-on-sentiment\/49810\/#Tech_Sector_Highlights_Oracle_Soars_Adobe_Reports_After_Bell\" >Tech Sector Highlights: Oracle Soars, Adobe Reports After Bell<\/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-major-indexes-retreat-as-boeing-crash-weighs-on-sentiment\/49810\/#Nvidia_and_Samsung_Invest_in_Robotics_AI_Startup\" >Nvidia and Samsung Invest in Robotics AI Startup<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-major-indexes-retreat-as-boeing-crash-weighs-on-sentiment\/49810\/#Looking_Ahead_Market_Events_to_Watch\" >Looking Ahead: Market Events to Watch<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Midday_Market_Update_S_P_500_Nasdaq_and_Dow_All_Slip_Following_Three-Day_Rally\"><\/span>Midday Market Update: S&#038;P 500, Nasdaq, and Dow All Slip Following Three-Day Rally<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <b><a href=\"https:\/\/stockmarketwatch.com\/live\/stock-market-today\" data-internallinksmanager029f6b8e52c=\"6\" title=\"Stock Market Today\">stock market today<\/a><\/b> is experiencing a pullback as all three major indexes trade lower during Thursday&#8217;s <b>midday market update<\/b> for June 12, 2025. The <a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average has fallen 0.4%, while the <a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&#038;P 500<\/a> and Nasdaq Composite are both down 0.3%, snapping their recent three-day winning streaks.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<p>Investors are processing a mix of economic data, corporate news, and renewed concerns about international trade tensions. President Trump&#8217;s recent comments about imposing &#8220;take it or leave it&#8221; tariffs on trading partners have added uncertainty to <b>markets today<\/b>, even as inflation data showed milder price pressures.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Economic_Data_Points_to_Cooling_Inflation\"><\/span>Economic Data Points to Cooling Inflation<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This morning&#8217;s Producer Price Index (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=PPI\">PPI<\/a>) for May rose at a 2.6% annual rate, matching economists&#8217; expectations with just a 0.1% increase from April. The modest wholesale inflation reading follows yesterday&#8217;s Consumer Price Index report, which showed a 0.1% monthly increase and a 2.4% annual rate\u2014both figures coming in below forecasts.<cscitation citation_id=\"task_1__3\"><\/cscitation><\/p>\n<p>Initial jobless claims held steady at 248,000 for the week ending June 7, matching the previous week&#8217;s upwardly revised figure. However, continuing claims jumped to 1.956 million, reaching their highest level since 2021\u2014a potentially concerning signal for the labor market.<cscitation citation_id=\"task_1__3\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Boeing_Crash_Weighs_on_Dow_as_Air_India_Flight_Goes_Down\"><\/span>Boeing Crash Weighs on Dow as Air India Flight Goes Down<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Boeing (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=BA\">BA<\/a>) shares have plummeted approximately 5% today, significantly dragging down the Dow Jones Industrial Average after an Air India Boeing 787-8 Dreamliner crashed shortly after takeoff in western India. The flight, bound for London Gatwick Airport, was carrying 242 passengers and crew.<cscitation citation_id=\"task_2__2\"><\/cscitation><\/p>\n<p>&#8220;The injured are being taken to the nearest hospitals,&#8221; Air India confirmed in a statement. The cause of the crash remains unclear, but this incident adds to Boeing&#8217;s ongoing safety concerns. The aircraft was delivered to Air India in 2014, according to flight tracking data.<cscitation citation_id=\"task_2__2\"><\/cscitation><\/p>\n<p>Boeing suppliers are also feeling the impact, with GE Aerospace (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=GE\">GE<\/a>) and Spirit AeroSystems (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=SPR\">SPR<\/a>) shares down 2.8% and 3.4%, respectively.<cscitation citation_id=\"task_2__3\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Chime_IPO_Tests_Market_Appetite_for_Fintech\"><\/span>Chime IPO Tests Market Appetite for Fintech<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In more positive <b>market news today<\/b>, digital banking provider Chime is making its Nasdaq debut under the ticker symbol CHYM after pricing its IPO at $27 per share\u2014above the expected range. The offering raised $864 million and values the company at $11.6 billion, though this represents a significant drop from its last private valuation of $25 billion in 2021.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<p>Chime&#8217;s public debut is being closely watched as an indicator of whether the IPO market is thawing after a period of uncertainty. Recent IPOs have performed well, with stablecoin issuer Circle (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=CRCL\">CRCL<\/a>) and Nvidia-backed CoreWeave (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=CRWV\">CRWV<\/a>) seeing substantial rallies after going public.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tech_Sector_Highlights_Oracle_Soars_Adobe_Reports_After_Bell\"><\/span>Tech Sector Highlights: Oracle Soars, Adobe Reports After Bell<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Oracle (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=ORCL\">ORCL<\/a>) shares have surged over 13% today following yesterday&#8217;s strong quarterly results. The software giant reported revenue of $15.9 billion, an 11% increase year-over-year, exceeding Wall Street expectations. CEO Safra Catz projected that Oracle&#8217;s cloud infrastructure revenue would increase more than 70% in fiscal 2026, with total revenue expected to exceed $67 billion next fiscal year\u2014above analyst consensus of $65.18 billion.<cscitation citation_id=\"task_2__2\"><\/cscitation><\/p>\n<p>Adobe (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=ADBE\">ADBE<\/a>) is trading slightly higher ahead of its second-quarter earnings report scheduled for after today&#8217;s market close. Analysts expect adjusted earnings per share of $4.97 and revenue of $5.80 billion. The company recently announced price increases for its Creative Cloud All Apps subscriptions, raising individual plans by $10 to $70 per month.<cscitation citation_id=\"task_3__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Nvidia_and_Samsung_Invest_in_Robotics_AI_Startup\"><\/span>Nvidia and Samsung Invest in Robotics AI Startup<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In other tech news, Nvidia (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=NVDA\">NVDA<\/a>) and Samsung are making strategic investments in robotics intelligence company Skild AI. Nvidia is contributing $25 million while Samsung is investing $10 million as part of a Series B funding round led by SoftBank Group, which values Skild AI at $4.5 billion.<cscitation citation_id=\"task_3__3\"><\/cscitation><\/p>\n<p>The Pittsburgh-based startup develops foundation models that serve as a &#8220;general-purpose brain&#8221; for various robots and autonomous systems. This investment aligns with Nvidia&#8217;s recent push into &#8220;physical AI&#8221; and follows its investments in other robotics companies like Figure AI and Serve Robotics.<cscitation citation_id=\"task_3__3\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Looking_Ahead_Market_Events_to_Watch\"><\/span>Looking Ahead: Market Events to Watch<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As the trading day continues, investors are keeping an eye on several key developments that could impact the <b>stock market today<\/b> and in the coming days:<\/p>\n<p>1. Adobe&#8217;s earnings report after market close<br \/>2. Ongoing trade negotiations and potential tariff announcements<br \/>3. A $22 billion auction of long-dated U.S. debt, which faces a crucial test amid concerns about government spending<cscitation citation_id=\"task_1__1\"><\/cscitation><br \/>4. Rising tensions in the Middle East, which pushed crude oil futures up more than 4% yesterday<\/p>\n<p>Other companies reporting earnings today include Lovesac (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=LOVE\">LOVE<\/a>) and RH (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=RH\">RH<\/a>), formerly known as Restoration Hardware.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<p>The recent <b>midday market update<\/b> shows that despite today&#8217;s pullback, the S&#038;P 500 remains just 2% below its record closing high, reflecting the overall resilience of <b>markets today<\/b> despite ongoing geopolitical and economic uncertainties.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Midday Market Update: S&#038;P 500, Nasdaq, and Dow All Slip Following Three-Day Rally The stock market today is experiencing a 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