{"id":59717,"date":"2026-03-12T17:09:27","date_gmt":"2026-03-12T21:09:27","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-plummets-739-points-as-inflation-fears-resurface\/59717\/"},"modified":"2026-03-12T17:09:27","modified_gmt":"2026-03-12T21:09:27","slug":"dowjonestodaydow-jones-plummets-739-points-as-inflation-fears-resurface","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-plummets-739-points-as-inflation-fears-resurface\/59717\/","title":{"rendered":"[DowJonesToday]Dow Jones Plummets 739 Points as Inflation Fears Resurface"},"content":{"rendered":"<p>The <a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average (<strong>^DJI<\/strong>) <strong>was down 739.42 (-1.5594%) points today<\/strong>, closing at <strong>46,677.85<\/strong>. This retreat was mirrored in the <strong>Dow Futures (YM=F)<\/strong>, which fell <strong>674.00 (-1.4205%)<\/strong> to <strong>46,774.00<\/strong>. The primary catalyst was a <strong>hotter-than-expected Producer Price Index (PPI) report<\/strong>, which reignited fears that the Federal Reserve will delay interest rate cuts. This data suggests that <strong>inflationary pressures<\/strong> remain sticky, forcing investors to re-evaluate growth-sensitive equities.<\/p>\n<p>The narrative was further complicated by a spike in <strong>global energy prices<\/strong>. While the broader market suffered, Chevron (<strong>CVX<\/strong> (<a href=\"\/stock\/CVX\">CVX<\/a>)) emerged as the top performer, jumping <strong>3.48%<\/strong> to <strong>$198.42<\/strong>. Similarly, Salesforce (<strong>CRM<\/strong> (<a href=\"\/stock\/CRM\">CRM<\/a>)) managed a gain of <strong>2.18%<\/strong> to <strong>$198.62<\/strong>, and Travelers (<strong>TRV<\/strong> (<a href=\"\/stock\/TRV\">TRV<\/a>)) rose <strong>1.13%<\/strong> to <strong>$302.72<\/strong>. Defensive plays like Walmart (<strong>WMT<\/strong> (<a href=\"\/stock\/WMT\">WMT<\/a>)) and Coca-Cola (<strong>KO<\/strong> (<a href=\"\/stock\/KO\">KO<\/a>)) also saw modest gains of <strong>0.96%<\/strong> and <strong>0.49%<\/strong> respectively, as traders sought safety.<\/p>\n<p>Conversely, the financial and industrial sectors bore the brunt of the sell-off. Goldman Sachs (<strong>GS<\/strong> (<a href=\"\/stock\/GS\">GS<\/a>)) was the session&#39;s biggest loser, tumbling <strong>4.56%<\/strong> to <strong>$787.05<\/strong>. Boeing (<strong>BA<\/strong> (<a href=\"\/stock\/BA\">BA<\/a>)) followed, dropping <strong>4.17%<\/strong> to <strong>$205.22<\/strong>, while 3M (<strong>MMM<\/strong> (<a href=\"\/stock\/MMM\">MMM<\/a>)) shed <strong>3.51%<\/strong> to <strong>$149.74<\/strong>. The tech sector was hit too; Apple (<strong>AAPL<\/strong> (<a href=\"\/stock\/AAPL\">AAPL<\/a>)) fell <strong>2.19%<\/strong> and Nvidia (<strong>NVDA<\/strong> (<a href=\"\/stock\/NVDA\">NVDA<\/a>)) declined <strong>1.41%<\/strong>. Other notable losers included Home Depot (<strong>HD<\/strong> (<a href=\"\/stock\/HD\">HD<\/a>)), which fell <strong>2.79%<\/strong>, and UnitedHealth (<strong>UNH<\/strong> (<a href=\"\/stock\/UNH\">UNH<\/a>)), which lost <strong>2.56%<\/strong> to <strong>$278.11<\/strong>.<\/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. 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":[17736],"tags":[297,298,3016,3764,3767,4223,4350,17074],"class_list":["post-59717","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snippets-dow-jones","tag-gs","tag-cvx","tag-dji","tag-ppi","tag-ba","tag-inflation","tag-dow-jones","tag-stock-market-today"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/59717","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=59717"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/59717\/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=59717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=59717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=59717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}