The Dow Jones Industrial Average showed resilience on Wednesday, July 1, 2026. The Dow Jones Index (^DJI) was up 67.34 (+0.1287%) points today, reaching 52,386.54, while Dow Futures (YM=F) was up 98.00 (+0.1861%) points to 52,768.00. The primary narrative driving the market was the ISM Manufacturing PMI report, which signaled unexpected industrial expansion. This positive economic data helped offset concerns regarding persistent interest rates, providing a steady floor for blue-chip equities during the mid-week session as market participants rebalanced portfolios for the new quarter.
Leading the gainers was 3M (MMM), which was up 3.70% to $148.62 following a significant breakthrough in its long-standing environmental litigation. Semiconductor leader Nvidia (NVDA) was up 1.77% to $225.0050 due to renewed institutional buying at the start of the third quarter. Healthcare and networking also saw strength; Johnson & Johnson (JNJ) was up 1.61% to $227.63, while Cisco Systems (CSCO) was up 1.33% to $100.48. UnitedHealth Group (UNH) also performed well, as it was up 1.00% to $399.64.
Conversely, gains were capped by weakness in enterprise tech and retail. IBM (IBM) was down 2.42% to $213.40 following a brokerage downgrade citing saturation in its cloud consulting business. Home Depot (HD) was down 2.14% to $303.8475 as rising rates dampened home improvement demand. Other laggards included Salesforce (CRM), which was down 1.64% to $168.45, and Sherwin-Williams (SHW), which was down 1.36% to $307.61. Financial heavyweight JPMorgan Chase (JPM) also struggled, as it was down 1.12% to $301.51.
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.