{"id":59237,"date":"2026-02-27T17:09:30","date_gmt":"2026-02-27T21:09:30","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-plummets-as-hot-pce-inflation-data-rattles-investors\/59237\/"},"modified":"2026-02-27T17:09:30","modified_gmt":"2026-02-27T21:09:30","slug":"dowjonestodaydow-jones-plummets-as-hot-pce-inflation-data-rattles-investors","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-plummets-as-hot-pce-inflation-data-rattles-investors\/59237\/","title":{"rendered":"[DowJonesToday]Dow Jones Plummets as Hot PCE Inflation Data Rattles Investors"},"content":{"rendered":"<p>The <a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average (<a href=\"\/stock\/%5EDJI\">^DJI<\/a>) <strong>was down 521.28 (-1.05%) points today<\/strong>, closing at <strong>48,977.92<\/strong>. This retreat was mirrored in the futures market, as <strong>Dow Futures (YM=F)<\/strong> <strong>was down 578.00 (-1.17%) points<\/strong>, settling at <strong>48,953.00<\/strong>. Today&#39;s sell-off was driven by a <strong>hotter-than-expected Personal Consumption Expenditures (PCE) price index<\/strong>, which signaled persistent inflationary pressures. This data prompted investors to recalibrate expectations for <strong>Federal Reserve interest rate cuts<\/strong>, leading to a significant <strong>&quot;risk-off&quot; rotation<\/strong> into defensive havens.<\/p>\n<p>The financial sector bore the brunt of the volatility. <strong>Goldman Sachs (<a href=\"\/stock\/GS\">GS<\/a>)<\/strong> plummeted <strong>7.56%<\/strong> to <strong>$859.19<\/strong>, while <strong>American Express (<a href=\"\/stock\/AXP\">AXP<\/a>)<\/strong> dropped <strong>6.81%<\/strong> to <strong>$312.61<\/strong>. <strong>JPMorgan Chase (<a href=\"\/stock\/JPM\">JPM<\/a>)<\/strong> also faced headwinds, falling <strong>3.16%<\/strong>. These declines were fueled by fears that <strong>higher-for-longer interest rates<\/strong> could dampen loan demand. Additionally, tech components felt the pressure of rising yields, with <strong>Nvidia (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> sliding <strong>3.27%<\/strong> to <strong>$178.82<\/strong>, <strong>Apple (<a href=\"\/stock\/AAPL\">AAPL<\/a>)<\/strong> declining <strong>2.49%<\/strong>, and <strong>Nike (<a href=\"\/stock\/NKE\">NKE<\/a>)<\/strong> shedding <strong>3.12%<\/strong>.<\/p>\n<p>Conversely, investors sought refuge in <strong>healthcare and consumer staples<\/strong>. <strong>Merck (<a href=\"\/stock\/MRK\">MRK<\/a>)<\/strong> led the gainers, rising <strong>3.42%<\/strong> to <strong>$123.38<\/strong>, followed by <strong>Walmart (<a href=\"\/stock\/WMT\">WMT<\/a>)<\/strong>, which climbed <strong>2.62%<\/strong> to <strong>$127.67<\/strong>. <strong>UnitedHealth Group (<a href=\"\/stock\/UNH\">UNH<\/a>)<\/strong> also performed strongly, gaining <strong>2.15%<\/strong>. These moves highlight a clear preference for companies with <strong>stable cash flows<\/strong> and <strong>recession-resistant business models<\/strong>. As the market processes the latest economic data, focus shifts to upcoming <strong>labor market reports<\/strong> to determine if the current downward trend in equities will persist.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (^DJI) was down 521.28 (-1.05%) points today, closing at 48,977.92. This retreat was mirrored in [&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":[11437,277,297,633,808,1067,3749,4223,4350,4380],"class_list":["post-59237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-summary-snippets","tag-pce-index","tag-wmt","tag-gs","tag-nvda","tag-axp","tag-mrk","tag-pce","tag-inflation","tag-dow-jones","tag-stock-market"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/59237","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=59237"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/59237\/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=59237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=59237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=59237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}