{"id":59922,"date":"2026-03-18T14:09:23","date_gmt":"2026-03-18T18:09:23","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slumps-as-federal-reserve-signals-persistent-high-rates\/59922\/"},"modified":"2026-03-18T14:09:23","modified_gmt":"2026-03-18T18:09:23","slug":"dowjonestodaydow-jones-slumps-as-federal-reserve-signals-persistent-high-rates","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slumps-as-federal-reserve-signals-persistent-high-rates\/59922\/","title":{"rendered":"[DowJonesToday]Dow Jones Slumps as Federal Reserve Signals Persistent High Rates"},"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 (^DJI)<\/strong> was down <strong>412.61 (-0.8780%)<\/strong> points today, reaching <strong>46,580.65<\/strong>. The primary narrative driving the market was the <strong>Federal Reserve&#39;s<\/strong> mid-week policy announcement. Investors reacted to a hawkish stance from the <strong>FOMC<\/strong>, which opted to keep interest rates unchanged while signaling that persistent inflation might delay anticipated cuts. This sent <strong>Dow Futures (YM=F)<\/strong> down <strong>462.00 (-0.9758%)<\/strong> points to <strong>46,886.00<\/strong>, as Treasury yields climbed in response to the &quot;higher-for-longer&quot; rhetoric.<\/p>\n<p>Energy and heavy industrials provided the only significant resistance to the slide. <strong>Chevron (<a href=\"\/stock\/CVX\">CVX<\/a>)<\/strong> was up <strong>0.81%<\/strong> at <strong>$199.59<\/strong>, buoyed by rising crude prices. <strong>Caterpillar (<a href=\"\/stock\/CAT\">CAT<\/a>)<\/strong> was up <strong>0.66%<\/strong> to <strong>$706.19<\/strong>, and <strong>Goldman Sachs (<a href=\"\/stock\/GS\">GS<\/a>)<\/strong> was up <strong>0.54%<\/strong> at <strong>$810.95<\/strong>. Other gainers included <strong>Honeywell (<a href=\"\/stock\/HON\">HON<\/a>)<\/strong>, which was up <strong>0.51%<\/strong>, and <strong>Nvidia (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong>, which was up <strong>0.25%<\/strong> at <strong>$182.40<\/strong>.<\/p>\n<p>Conversely, consumer-facing and high-valuation stocks bore the brunt of the sell-off. <strong>Visa (<a href=\"\/stock\/V\">V<\/a>)<\/strong> was down <strong>2.87%<\/strong> at <strong>$299.89<\/strong>, while <strong>3M (<a href=\"\/stock\/MMM\">MMM<\/a>)<\/strong> was down <strong>2.58%<\/strong> to <strong>$145.27<\/strong>. <strong>Amgen (<a href=\"\/stock\/AMGN\">AMGN<\/a>)<\/strong> was down <strong>2.54%<\/strong>, and <strong>Sherwin-Williams (<a href=\"\/stock\/SHW\">SHW<\/a>)<\/strong> was down <strong>2.46%<\/strong>. Large-cap tech also struggled, with <strong>Microsoft (<a href=\"\/stock\/MSFT\">MSFT<\/a>)<\/strong> down <strong>1.44%<\/strong> and <strong>Apple (<a href=\"\/stock\/AAPL\">AAPL<\/a>)<\/strong> down <strong>1.33%<\/strong>. Retail giants like <strong>Walmart (<a href=\"\/stock\/WMT\">WMT<\/a>)<\/strong> and <strong>Home Depot (<a href=\"\/stock\/HD\">HD<\/a>)<\/strong> were down <strong>2.05%<\/strong> and <strong>2.07%<\/strong> respectively, reflecting concerns over consumer spending power in a high-rate environment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (^DJI) was down 412.61 (-0.8780%) points today, reaching 46,580.65. 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":[33,216,297,298,3016,3710,3745,3880,4222,4350],"class_list":["post-59922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snippets-dow-jones","tag-msft","tag-cat","tag-gs","tag-cvx","tag-dji","tag-federal-reserve","tag-v","tag-fomc","tag-interest-rates","tag-dow-jones"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/59922","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=59922"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/59922\/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=59922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=59922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=59922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}