{"id":58961,"date":"2026-02-23T08:09:59","date_gmt":"2026-02-23T12:09:59","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-gains-momentum-as-tech-giants-lead-selective-market-rally\/58961\/"},"modified":"2026-02-23T08:09:59","modified_gmt":"2026-02-23T12:09:59","slug":"dowjonestodaydow-jones-gains-momentum-as-tech-giants-lead-selective-market-rally","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-gains-momentum-as-tech-giants-lead-selective-market-rally\/58961\/","title":{"rendered":"[DowJonesToday]Dow Jones Gains Momentum as Tech Giants Lead Selective Market Rally"},"content":{"rendered":"<p>The <strong><a href=\"https:\/\/stockmarketwatch.com\/markets\/dowjones\/today.aspx\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average (^DJI)<\/strong> was up <strong>230.77 (0.4672%)<\/strong> points today, reaching <strong>49,625.97<\/strong>. The primary narrative driving the market was a sharp divergence between <strong>high-growth technology<\/strong> and <strong>traditional big-box retail<\/strong>. While <strong>Dow Futures (YM=F)<\/strong> was down <strong>181.00 (-0.3644%)<\/strong> points, the cash market found support from <strong>optimistic earnings forecasts<\/strong> in the cloud and AI sectors, specifically regarding the adoption of generative tools. Investors weighed <strong>resilient consumer spending<\/strong> data against <strong>rising logistical costs<\/strong>, leading to a selective rally in mega-cap stocks.<\/p>\n<p>Leading the gainers today was <strong>Amazon (<a href=\"\/stock\/AMZN\">AMZN<\/a>)<\/strong>, which was up <strong>2.40%<\/strong> to <strong>$209.925<\/strong>. This momentum was bolstered by <strong>Apple (<a href=\"\/stock\/AAPL\">AAPL<\/a>)<\/strong>, up <strong>1.27%<\/strong> to <strong>$264.105<\/strong>, and <strong>Honeywell (<a href=\"\/stock\/HON\">HON<\/a>)<\/strong>, which was up <strong>1.01%<\/strong> to <strong>$243.48<\/strong>. Defensive stocks also performed well, with <strong>Procter &amp; Gamble (<a href=\"\/stock\/PG\">PG<\/a>)<\/strong> up <strong>1.29%<\/strong> to <strong>$160.66<\/strong> and <strong>Verizon (<a href=\"\/stock\/VZ\">VZ<\/a>)<\/strong> up <strong>1.16%<\/strong> to <strong>$49.23<\/strong>. Financial giant <strong>JPMorgan Chase (<a href=\"\/stock\/JPM\">JPM<\/a>)<\/strong> also moved higher, up <strong>0.63%<\/strong> to <strong>$310.17<\/strong>, while <strong>3M (<a href=\"\/stock\/MMM\">MMM<\/a>)<\/strong> was up <strong>0.83%<\/strong> to <strong>$166.60<\/strong>.<\/p>\n<p>On the downside, <strong>Walmart (<a href=\"\/stock\/WMT\">WMT<\/a>)<\/strong> was the biggest loser, down <strong>2.63%<\/strong> to <strong>$121.63<\/strong>, as investors reacted to <strong>cautious forward-looking guidance<\/strong> regarding consumer discretionary trends. <strong>Nike (<a href=\"\/stock\/NKE\">NKE<\/a>)<\/strong> also struggled, down <strong>1.74%<\/strong> to <strong>$64.58<\/strong>, alongside <strong>Johnson &amp; Johnson (<a href=\"\/stock\/JNJ\">JNJ<\/a>)<\/strong>, which was down <strong>1.30%<\/strong> to <strong>$243.785<\/strong>. The healthcare sector saw further pressure with <strong>UnitedHealth Group (<a href=\"\/stock\/UNH\">UNH<\/a>)<\/strong> down <strong>0.83%<\/strong> and <strong>Amgen (<a href=\"\/stock\/AMGN\">AMGN<\/a>)<\/strong> down <strong>0.34%<\/strong> to <strong>$374.685<\/strong>. <strong>Chevron (<a href=\"\/stock\/CVX\">CVX<\/a>)<\/strong> also slipped, down <strong>0.51%<\/strong> to <strong>$183.865<\/strong>, as <strong>energy price volatility<\/strong> weighed on the sector while crude markets fluctuated wildly during the afternoon trading session amid global supply concerns and new economic reports.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (^DJI) was up 230.77 (0.4672%) points today, reaching 49,625.97. The primary narrative driving the market [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50368,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[6803],"tags":[225,277,391,633,3016,3280,4380],"class_list":["post-58961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-summary-snippets","tag-aapl","tag-wmt","tag-amzn","tag-nvda","tag-dji","tag-djia","tag-stock-market"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/58961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=58961"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/58961\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50368"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=58961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=58961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=58961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}