Stock futures fell early Thursday after the S&P 500 saw its first negative session in four, pressured by a slide in Boeing shares following a crash in India. S&P 500 futures traded down 0.56%, while Nasdaq 100 futures were down 0.53%. Futures tied to the Dow Jones Industrial Average were also lower by 305 points, or 0.71%. Dow component Boeing lost more than 7% after an Air India Dreamliner 787 crashed after takeoff with 242 passengers on board. The cause of the crash is unknown, and authorities said the injured are being treated. In extended trading, shares of Oracle surged more than 7% after its fiscal fourth-quarter results beat on the top and bottom lines. The company also indicated more cloud growth ahead, saying in a statement that cloud infrastructure revenue will rise by more than 70% in fiscal 2026, up from a 50% growth rate in the prior fiscal year. Wednesday marked a losing session on Wall Street, with the S&P 500 snapping its three-day win streak, as did the Nasdaq Composite. But the moves were slight. The broad market index fell about 0.3%, while tech-heavy Nasdaq dropped 0.5%. The Dow Jones Industrial Average was flat. While the day’s losses put the S&P 500 a bit further away from reaching a new record high, the index is also still just more than 2% below its late February record. Those moves come after consumer prices rose less than expected in May, as the consumer price index increased 0.1% for the month. That’s less than the Dow Jones forecast for 0.2%. Core CPI, which excludes food and energy prices, also increased less than expected. “I don’t think the market has a lot of faith that we’re not going to see at least a little bit higher inflation,” Scott Wren, senior global market strategist at Wells Fargo, told CNBC’s “Closing Bell” Wednesday. “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’t know about that. It makes a lot of sense to me that we’d be choppy and maybe see a little downside here.” Investors are now looking ahead to May’s reading of the producer price index, due out at 8:30 a.m. ET on Thursday. Economists polled by Dow Jones are expecting the index to show a gain of 0.2% for the period. Subtracting out food and energy, core PPI is expected to show growth of 0.3% on the month. The Street is also waiting for more developments on trade, especially between the U.S. and China, as talks between the two countries have been a focal point this week. While officials reached an agreement in London, the deal still awaits approval from U.S. President Donald Trump and Chinese President Xi Jinping. Trump said in a post on Truth Social earlier Wednesday that “WE ARE GETTING A TOTAL OF 55% TARIFFS, CHINA IS GETTING 10%.” However, Commerce Secretary Howard Lutnick later said that U.S. levies on goods from China won’t change from their current levels. U.S. Treasury yields dropped Thursday, as the White House’s trade negotiations and muted inflation gains took focus. The 10-year Treasury yield was moved lower by nearly 3 basis pointsr during early morning trade to 4.387%. The 2-year yield was off 2 basis points to 3.926%. Yields on the 5-year note and long-dated Treasurys were off. Asia-Pacific markets traded mixed as investors assessed U.S. President Donald Trump’s declaration that a trade deal with China was “done.” Chinese imports would invite 55% tariffs, Trump suggested. Commerce Secretary Howard Lutnick confirmed that tariffs on China will stay at that level. Japan’s benchmark Nikkei 225 was down 0.65% to close at 38,173.09 while the broader Topix fell 0.21% to close at 2,782.97. South Korea’s Kospi climbed 0.45% to end the trading day at 2,920.03, and the small-cap Kosdaq rose 0.4% to close at 789.45. Australia’s S&P/ASX 200 declined 0.31% to close the trading day at 8,565.1. Hong Kong’s Hang Seng index fell 1.11%, and mainland China’s CSI 300 ended the day flat at 3,892.20. India’s Nifty 50 fell 0.45%. Oil prices edged higher on Thursday to their highest in more than two months, after U.S. President Donald Trump said U.S. personnel were being moved out of the Middle East, which raised fear that escalating tensions with Iran could disrupt supply. Brent crude futures rose 15 cents, 0.2%, to $69.92 a barrel at 1230 am GMT, while U.S. West Texas Intermediate crude 22 cents, 0.3%, to $68.37. Both Brent and WTI surged more than 4% to their highest since early April on Wednesday. Gold prices rose on Thursday, bolstered by rising tensions in the Middle East and a weaker dollar, while softer-than-expected U.S. inflation data boosted expectations of Federal Reserve rate cuts. Spot gold was up 0.7% at $3,375.06 an ounce, as of 0343 GMT. U.S. gold futures gained 1.5% to $3,395. The U.S. dollar index fell to a near two-month low, making greenback-priced bullion more attractive to overseas buyers.