{"id":59366,"date":"2026-03-03T15:09:22","date_gmt":"2026-03-03T19:09:22","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slumps-as-manufacturing-data-weighs-on-industrial-giants\/59366\/"},"modified":"2026-03-03T15:09:22","modified_gmt":"2026-03-03T19:09:22","slug":"dowjonestodaydow-jones-slumps-as-manufacturing-data-weighs-on-industrial-giants","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slumps-as-manufacturing-data-weighs-on-industrial-giants\/59366\/","title":{"rendered":"[DowJonesToday]Dow Jones Slumps as Manufacturing Data Weighs on Industrial Giants"},"content":{"rendered":"<p>The <strong><a href=\"https:\/\/stockmarketwatch.com\/markets\/dowjones\/today.aspx\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Index (<a href=\"\/stock\/%5EDJI\">^DJI<\/a>)<\/strong> was down <strong>403.45 (-0.8250%)<\/strong> points today, falling to <strong>48,501.33<\/strong>. The primary narrative driving the market lower was a surprisingly weak <strong>ISM Manufacturing PMI<\/strong> report, which suggested that persistent inflationary pressures and high borrowing costs are continuing to stifle industrial expansion. This economic data triggered a broad retreat from heavy industry and consumer discretionary sectors, while <strong>Dow Futures (<a href=\"\/stock\/YM=F\">YM=F<\/a>)<\/strong> also reflected the bearish sentiment, trading down <strong>323.00 (-0.6599%)<\/strong> at <strong>48,622.00<\/strong>.<\/p>\n<p>Leading the decline was <strong>Caterpillar (<a href=\"\/stock\/CAT\">CAT<\/a>)<\/strong>, which was down <strong>4.21%<\/strong> to <strong>$721.14<\/strong>, as investors reacted to cooling global demand for construction and mining equipment. Other notable laggards included <strong>Nike (<a href=\"\/stock\/NKE\">NKE<\/a>)<\/strong>, which was down <strong>2.38%<\/strong> at <strong>$59.57<\/strong>, and <strong>Boeing (<a href=\"\/stock\/BA\">BA<\/a>)<\/strong>, which was down <strong>2.32%<\/strong> to <strong>$224.58<\/strong>. The healthcare and consumer staples sectors also faced significant headwinds, with <strong>Amgen (<a href=\"\/stock\/AMGN\">AMGN<\/a>)<\/strong> falling <strong>2.28%<\/strong> to <strong>$377.11<\/strong> and <strong>Procter &amp; Gamble (<a href=\"\/stock\/PG\">PG<\/a>)<\/strong> sliding <strong>2.18%<\/strong> to <strong>$159.88<\/strong>.<\/p>\n<p>Conversely, the technology sector provided a necessary cushion for the index. <strong>Salesforce (<a href=\"\/stock\/CRM\">CRM<\/a>)<\/strong> emerged as the top performer, gaining <strong>2.50%<\/strong> to reach <strong>$197.80<\/strong>. It was joined by <strong>IBM (<a href=\"\/stock\/IBM\">IBM<\/a>)<\/strong>, which was up <strong>2.04%<\/strong> at <strong>$244.40<\/strong>, and <strong>Microsoft (<a href=\"\/stock\/MSFT\">MSFT<\/a>)<\/strong>, which rose <strong>1.81%<\/strong> to <strong>$405.52<\/strong>. These gains suggest a strategic rotation into <strong>enterprise software<\/strong> and <strong>cloud computing<\/strong> as investors seek refuge in high-margin tech names. Financials were mixed, though <strong>JPMorgan Chase (<a href=\"\/stock\/JPM\">JPM<\/a>)<\/strong> managed to stay in the green, up <strong>1.38%<\/strong> at <strong>$301.83<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Index (^DJI) was down 403.45 (-0.8250%) points today, falling to 48,501.33. 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":[17736],"tags":[33,75,216,293,3016,4350,9847,12352,17074],"class_list":["post-59366","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snippets-dow-jones","tag-msft","tag-crm","tag-cat","tag-ibm","tag-dji","tag-dow-jones","tag-ism-manufacturing","tag-ymf","tag-stock-market-today"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/59366","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=59366"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/59366\/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=59366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=59366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=59366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}