{"id":59390,"date":"2026-03-04T08:09:35","date_gmt":"2026-03-04T12:09:35","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slumps-as-manufacturing-data-weighs-on-industrial-giants-2\/59390\/"},"modified":"2026-03-04T08:09:35","modified_gmt":"2026-03-04T12:09:35","slug":"dowjonestodaydow-jones-slumps-as-manufacturing-data-weighs-on-industrial-giants-2","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slumps-as-manufacturing-data-weighs-on-industrial-giants-2\/59390\/","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> Industrial Average (<a href=\"\/stock\/%5EDJI\">^DJI<\/a>)<\/strong> was down <strong>403.51 (-0.8251%)<\/strong> points today, resting at <strong>48,501.27<\/strong> as heavy industrial losses overshadowed gains in the technology sector. While <strong>Dow Futures (<a href=\"\/stock\/YM=F\">YM=F<\/a>)<\/strong> was up <strong>18.00 (0.0371%)<\/strong>, the cash market faced significant pressure from a disappointing <strong>ISM Manufacturing Index<\/strong> report, which signaled a sharper-than-expected contraction in factory orders. This economic data served as the primary catalyst for the day\u2019s volatility, prompting a broad rotation out of economically sensitive stocks as recessionary fears resurfaced among institutional investors.<\/p>\n<p>Caterpillar (<a href=\"\/stock\/CAT\">CAT<\/a>) was the day&#39;s biggest loser, as it was down <strong>4.17%<\/strong> to <strong>$722.18<\/strong> following concerns over slowing global infrastructure spending. Aerospace giant Boeing (<a href=\"\/stock\/BA\">BA<\/a>) also faced significant headwinds, as it was down <strong>2.72%<\/strong> to <strong>$224.12<\/strong> amid new reports of production delays. Other notable decliners included Nike (<a href=\"\/stock\/NKE\">NKE<\/a>), down <strong>2.66%<\/strong>, and consumer staple leader Procter &amp; Gamble (<a href=\"\/stock\/PG\">PG<\/a>), which was down <strong>2.39%<\/strong> to <strong>$159.72<\/strong>. Additionally, Sherwin-Williams (<a href=\"\/stock\/SHW\">SHW<\/a>) was down <strong>2.04%<\/strong> and UnitedHealth Group (<a href=\"\/stock\/UNH\">UNH<\/a>) was down <strong>2.03%<\/strong> to <strong>$289.21<\/strong>, further weighing on the blue-chip index.<\/p>\n<p>In contrast, enterprise technology and defensive stocks offered a <a href=\"https:\/\/stockmarketwatch.com\/metal\/silver-price.aspx\" data-internallinksmanager029f6b8e52c=\"5\" title=\"silver price today\">silver<\/a> lining. IBM (<a href=\"\/stock\/IBM\">IBM<\/a>) led the gainers, as it was up <strong>2.00%<\/strong> to <strong>$245.28<\/strong> after announcing a major expansion in its hybrid cloud division. Telecommunications firm Verizon (<a href=\"\/stock\/VZ\">VZ<\/a>) was up <strong>1.58%<\/strong> to <strong>$50.87<\/strong>, while Salesforce (<a href=\"\/stock\/CRM\">CRM<\/a>) gained <strong>1.55%<\/strong> to <strong>$196.05<\/strong>. Microsoft (<a href=\"\/stock\/MSFT\">MSFT<\/a>) also performed well, as it was up <strong>1.33%<\/strong> to <strong>$403.93<\/strong>. Financial heavyweight JPMorgan Chase (<a href=\"\/stock\/JPM\">JPM<\/a>) managed to stay in the green, as it was up <strong>0.86%<\/strong> to <strong>$300.26<\/strong>, providing stability to the financial sector despite the broader market&#39;s downward trajectory.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (^DJI) was down 403.51 (-0.8251%) points today, resting at 48,501.27 as heavy industrial losses overshadowed [&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 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