{"id":59316,"date":"2026-03-02T12:09:13","date_gmt":"2026-03-02T16:09:13","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/dowjonestodaytech-resilience-fails-to-offset-manufacturing-slump-in-dow-decline\/59316\/"},"modified":"2026-03-02T12:09:13","modified_gmt":"2026-03-02T16:09:13","slug":"dowjonestodaytech-resilience-fails-to-offset-manufacturing-slump-in-dow-decline","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaytech-resilience-fails-to-offset-manufacturing-slump-in-dow-decline\/59316\/","title":{"rendered":"[DowJonesToday]Tech Resilience Fails to Offset Manufacturing Slump in Dow Decline"},"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<\/strong> (<a href=\"\/stock\/%5EDJI\">^DJI<\/a>) was down <strong>103.00 (-0.21%)<\/strong> points today, trading at <strong>48,874.92<\/strong>, while <strong>Dow Futures<\/strong> (<a href=\"\/stock\/YM=F\">YM=F<\/a>) was down <strong>166.00 (-0.34%)<\/strong> points today. The primary narrative driving the market was a disappointing <strong>ISM Manufacturing PMI<\/strong> report, which signaled a sharper-than-expected contraction in industrial activity. This <strong>economic data<\/strong> sparked concerns over a cooling economy, weighing heavily on cyclical sectors and housing-related stocks despite a persistent rally in <strong>artificial intelligence<\/strong> and technology.<\/p>\n<p>Leading the gainers, Nvidia (<a href=\"\/stock\/NVDA\">NVDA<\/a>) was up <strong>2.18%<\/strong> to <strong>$181.10<\/strong> and Microsoft (<a href=\"\/stock\/MSFT\">MSFT<\/a>) was up <strong>1.69%<\/strong> to <strong>$399.36<\/strong>, as investors rotated into high-growth tech for safety. Energy giant Chevron (<a href=\"\/stock\/CVX\">CVX<\/a>) also outperformed, as it was up <strong>1.10%<\/strong> at <strong>$188.75<\/strong> following a spike in <strong>crude oil prices<\/strong>. Other notable gainers included Honeywell (<a href=\"\/stock\/HON\">HON<\/a>), which was up <strong>0.91%<\/strong>, and Goldman Sachs (<a href=\"\/stock\/GS\">GS<\/a>), which was up <strong>0.21%<\/strong> at <strong>$862.00<\/strong>.<\/p>\n<p>The manufacturing slowdown hit materials and consumer discretionary stocks hardest. Sherwin-Williams (<a href=\"\/stock\/SHW\">SHW<\/a>) was down <strong>3.11%<\/strong> at <strong>$351.25<\/strong>, making it the day&#39;s biggest loser, followed closely by Home Depot (<a href=\"\/stock\/HD\">HD<\/a>), which was down <strong>2.38%<\/strong> at <strong>$371.45<\/strong>. Retail and apparel also faced pressure, with Nike (<a href=\"\/stock\/NKE\">NKE<\/a>) down <strong>2.06%<\/strong> at <strong>$60.99<\/strong> and Disney (<a href=\"\/stock\/DIS\">DIS<\/a>) down <strong>1.90%<\/strong> at <strong>$104.02<\/strong>. Additionally, Merck (<a href=\"\/stock\/MRK\">MRK<\/a>) was down <strong>1.84%<\/strong> as the healthcare sector saw broad profit-taking.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (^DJI) was down 103.00 (-0.21%) points today, trading at 48,874.92, while Dow Futures (YM=F) was [&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":[17736],"tags":[33,593,633,3016,3878,4350,17074],"class_list":["post-59316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snippets-dow-jones","tag-msft","tag-shw","tag-nvda","tag-dji","tag-hd","tag-dow-jones","tag-stock-market-today"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/59316","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=59316"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/59316\/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=59316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=59316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=59316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}