U.S. stocks are drifting lower on Thursday as momentum wanes from their big rally that had brought them to the brink of their record.

Oracle shares surged nearly eight per cent in premarket trading on Thursday after the company raised its annual revenue forecast, driven by strong demand for its AI-related cloud services.

Boeing 787 Dreamliner plane operated by Air India that was bound for London has crashed shortly after taking off from the Ahmedabad airport in western India. The flight was carrying 242 passengers and ...