Major Indexes Show Mixed Performance at Today’s Market Close
The U.S. stock market delivered a mixed performance at the closing bell on Thursday, June 12, 2025, as investors digested a fatal Boeing crash, positive earnings from Oracle, and ongoing trade negotiations between the U.S. and China.
At the market close, the S&P 500 edged up 0.21% to finish at 6,035.03, while the tech-heavy Nasdaq Composite gained 0.18% to end at 19,650.28. The Dow Jones Industrial Average, however, slipped 0.03% to 42,852.13, weighed down by Boeing’s significant decline.
Boeing Crash Sends Shockwaves Through Market
Boeing (BA) shares plummeted approximately 4% today after an Air India 787-8 Dreamliner crashed shortly after takeoff in western India. The aircraft, carrying 242 passengers and crew, is reported to have crashed into a residential building with no survivors. This marks the worst accident involving Boeing’s most advanced twin-aisle aircraft, adding to the company’s ongoing safety concerns.
The incident also impacted Boeing suppliers, with GE Aerospace (GE) dropping over 2% and Spirit AeroSystems (SPR) falling 3%. U.S. investigators are expected to assist in the crash investigation, which could have long-term implications for Boeing’s reputation and future orders.
Oracle Soars on Strong Cloud Growth
In stark contrast to Boeing’s troubles, Oracle (ORCL) emerged as the day’s star performer, surging nearly 13% to reach a record high of $197.92. The software giant reported better-than-expected quarterly results and delivered a bullish outlook, projecting a 70% gain in cloud infrastructure sales for the fiscal year 2026, up from a 50% growth rate in the prior fiscal year.
“The readout from Oracle earnings was that infrastructure demand remains very strong, particularly for AI applications,” noted market analysts at today’s market close. Oracle’s performance helped lift the broader technology sector despite mixed results from other tech giants.
Trade Negotiations and Economic Data
Market participants continued to monitor U.S.-China trade negotiations, with President Trump expected to set unilateral tariff rates within the next two weeks, ahead of an earlier deadline. Commerce Secretary Howard Lutnick clarified that U.S. levies on goods from China won’t change from their current levels, contradicting earlier statements from the President.
On the economic front, May’s producer price index (PPI) came in slightly better than expected, while weekly jobless claims matched economists’ estimates. These reports followed Wednesday’s consumer price index data, which showed inflation rising less than anticipated at 0.1% for May, below the consensus estimate of 0.2%.
Tech Sector Performance Mixed
Major technology stocks showed mixed performance at today’s market close. Nvidia (NVDA), Broadcom (AVGO), and Microsoft (MSFT) posted modest gains, while Apple (AAPL), Amazon (AMZN), Alphabet (GOOGL), Meta Platforms (META), and Tesla (TSLA) experienced slight declines.
GameStop (GME) shares tumbled approximately 17% following a convertible bond offering, presumably to fund its Bitcoin strategy moving forward.
Earnings on Deck After the Close
Investors are eagerly awaiting Adobe’s (ADBE) fiscal second-quarter earnings report after today’s market close. Analysts will be closely watching Adobe’s pricing power, which has been a significant driver of the stock’s performance. Options markets are implying a potential move of approximately 7.27% in either direction following the announcement.
Other companies reporting earnings after the closing bell include RH (RH) with an implied move of 15.03%, Nano Dimension (NNDM) with an expected 10.46% move, and Tuniu (TOUR).
Looking Ahead: Market Events to Watch
As markets close today, investors are looking ahead to potential catalysts that could move stock market news tomorrow. The ongoing U.S.-China trade negotiations remain a focal point, with final approval of the framework agreement still pending from both President Trump and Chinese President Xi Jinping.
Additionally, market participants will be digesting Adobe’s earnings results and preparing for next week’s reports from Accenture (ACN) on June 19 and FedEx (FDX) on June 23.
The U.S. dollar index continued its decline today, falling 0.8% to 97.80, reaching its lowest level since 2022 amid trade uncertainties. This weakness in the dollar could have implications for multinational corporations and commodities in the coming trading sessions.
As the markets today close with mixed results, traders will be watching these developments closely for direction in tomorrow’s session.