Trump’s tariff threats and Boeing crash drag Dow, while mixed inflation and jobs data raise questions about the Fed’s next move. US stock market reacts sharply.

Stock futures fell sharply early Thursday, pointing to a rocky open as Wall Street grapples with a tragic plane crash involving Dow component Boeing (BA) and digests a blockbuster earnings report from software giant Oracle (ORCL).

The major averages posted modest gains on Thursday, placing them on track for a winning week. Softer-than-anticipated inflation reports helped lift stocks.

Wednesday marked a losing session on Wall Street, with the S&P 500 snapping its three-day win streak, as did the Nasdaq Composite.

Wednesday’s soft payrolls report sparked fears of a weakening job market and the direction of the U.S. economy.

U.S. stock-index futures went from slightly higher to slightly lower after ADP said private-sector employers added just 37,000 jobs in May. Economists surveyed by The Wall Street Journal had penciled in a consensus forecast for 112,