{"id":59714,"date":"2026-03-12T16:09:44","date_gmt":"2026-03-12T20:09:44","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-plummets-as-inflation-fears-reignite\/59714\/"},"modified":"2026-03-12T16:09:44","modified_gmt":"2026-03-12T20:09:44","slug":"dowjonestodaydow-jones-plummets-as-inflation-fears-reignite","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-plummets-as-inflation-fears-reignite\/59714\/","title":{"rendered":"[DowJonesToday]Dow Jones Plummets as Inflation Fears Reignite"},"content":{"rendered":"<p>The <strong><a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average (^DJI)<\/strong> was down <strong>739.42 (-1.5594%)<\/strong> points today, closing at <strong>46,677.85<\/strong>. <strong>Dow Futures (YM=F)<\/strong> also mirrored this bearish sentiment, finishing down <strong>723.00 (-1.5238%)<\/strong> points. The primary narrative driving today&#39;s sharp sell-off was a combination of <strong>hotter-than-expected inflation data<\/strong> and hawkish commentary from <strong>Federal Reserve<\/strong> officials, which dampened hopes for mid-year interest rate cuts. This economic data triggered a broad retreat from cyclical stocks and sensitive financial sectors as Treasury yields climbed.<\/p>\n<p>Leading the decline, <strong>Goldman Sachs (<a href=\"\/stock\/GS\">GS<\/a>)<\/strong> plunged <strong>4.56%<\/strong> to <strong>$787.05<\/strong>, while <strong>Boeing (<a href=\"\/stock\/BA\">BA<\/a>)<\/strong> fell <strong>4.17%<\/strong> to <strong>$205.22<\/strong> amid renewed supply chain concerns. Other significant losers included <strong>3M (<a href=\"\/stock\/MMM\">MMM<\/a>)<\/strong>, which dropped <strong>3.51%<\/strong>, and <strong>Home Depot (<a href=\"\/stock\/HD\">HD<\/a>)<\/strong>, sliding <strong>2.79%<\/strong> as high rates threatened consumer spending. Tech giants also felt the heat, with <strong>Apple (<a href=\"\/stock\/AAPL\">AAPL<\/a>)<\/strong> falling <strong>2.19%<\/strong> and <strong>Nvidia (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> losing <strong>1.41%<\/strong>. <strong>UnitedHealth (<a href=\"\/stock\/UNH\">UNH<\/a>)<\/strong> and <strong>Nike (<a href=\"\/stock\/NKE\">NKE<\/a>)<\/strong> also saw notable pressure, declining <strong>2.56%<\/strong> and <strong>2.70%<\/strong> respectively.<\/p>\n<p>Despite the broader market downturn, the energy sector provided a rare bright spot. <strong>Chevron (<a href=\"\/stock\/CVX\">CVX<\/a>)<\/strong> surged <strong>3.48%<\/strong> to <strong>$198.42<\/strong> as global crude prices spiked. <strong>Salesforce (<a href=\"\/stock\/CRM\">CRM<\/a>)<\/strong> also defied the trend, gaining <strong>2.18%<\/strong> following a positive software demand outlook. Defensive plays saw modest interest, with <strong>Travelers (<a href=\"\/stock\/TRV\">TRV<\/a>)<\/strong> rising <strong>1.13%<\/strong> and <strong>Walmart (<a href=\"\/stock\/WMT\">WMT<\/a>)<\/strong> ticking up <strong>0.96%<\/strong>. <strong>Coca-Cola (<a href=\"\/stock\/KO\">KO<\/a>)<\/strong> and <strong>Johnson &amp; Johnson (<a href=\"\/stock\/JNJ\">JNJ<\/a>)<\/strong> managed slight gains of <strong>0.49%<\/strong> and <strong>0.34%<\/strong>, respectively, as traders sought safety in stable dividend-paying assets like <strong>McDonald&#39;s (<a href=\"\/stock\/MCD\">MCD<\/a>)<\/strong>, which rose <strong>0.22%<\/strong> during this volatile trading session. <strong>Verizon (<a href=\"\/stock\/VZ\">VZ<\/a>)<\/strong> also managed a fractional gain of <strong>0.08%<\/strong> to close at <strong>$50.7350<\/strong> today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (^DJI) was down 739.42 (-1.5594%) points today, closing at 46,677.85. Dow Futures (YM=F) also mirrored [&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":[75,297,298,3016,3710,3767,4223,4350,12352],"class_list":["post-59714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snippets-dow-jones","tag-crm","tag-gs","tag-cvx","tag-dji","tag-federal-reserve","tag-ba","tag-inflation","tag-dow-jones","tag-ymf"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/59714","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=59714"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/59714\/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=59714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=59714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=59714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}