{"id":60014,"date":"2026-03-20T17:09:45","date_gmt":"2026-03-20T21:09:45","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slumps-as-industrial-and-tech-giants-lead-market-retreat\/60014\/"},"modified":"2026-03-20T17:09:45","modified_gmt":"2026-03-20T21:09:45","slug":"dowjonestodaydow-jones-slumps-as-industrial-and-tech-giants-lead-market-retreat","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slumps-as-industrial-and-tech-giants-lead-market-retreat\/60014\/","title":{"rendered":"[DowJonesToday]Dow Jones Slumps as Industrial and Tech Giants Lead Market Retreat"},"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 (<a href=\"\/stock\/%5EDJI\">^DJI<\/a>)<\/strong> was down <strong>443.96 (-0.96%)<\/strong> points today, closing at <strong>45,577.47<\/strong>. <strong>Dow Futures (<a href=\"\/stock\/YM=F\">YM=F<\/a>)<\/strong> also retreated, falling <strong>257.00 (-0.55%)<\/strong> points to <strong>46,084.00<\/strong>. The dominant narrative centered on <strong>renewed inflation concerns<\/strong> and <strong>weak industrial production figures<\/strong>, triggering a sell-off in cyclical sectors. Investors reacted to <strong>Federal Reserve<\/strong> signals suggesting interest rates may remain elevated longer than anticipated, dampening the outlook for capital-intensive industries and high-growth technology firms.<\/p>\n<p>Heavyweight industrial and technology stocks led the downward move. <strong>Boeing (<a href=\"\/stock\/BA\">BA<\/a>)<\/strong> plunged <strong>3.49%<\/strong> to <strong>$194.32<\/strong> amid supply chain anxieties, while <strong>Honeywell (<a href=\"\/stock\/HON\">HON<\/a>)<\/strong> dropped <strong>3.42%<\/strong> to <strong>$221.27<\/strong>. The semiconductor space saw profit-taking, with <strong>Nvidia (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> falling <strong>2.55%<\/strong> to <strong>$173.94<\/strong>. Other notable losers included <strong>Sherwin-Williams (<a href=\"\/stock\/SHW\">SHW<\/a>)<\/strong>, which lost <strong>2.49%<\/strong>, and <strong>Caterpillar (<a href=\"\/stock\/CAT\">CAT<\/a>)<\/strong>, down <strong>2.34%<\/strong> to <strong>$673.21<\/strong>. Software giant <strong>Microsoft (<a href=\"\/stock\/MSFT\">MSFT<\/a>)<\/strong> also slid <strong>1.82%<\/strong> to <strong>$382.16<\/strong> as Treasury yields pressured valuations across the tech sector.<\/p>\n<p>Conversely, defensive sectors provided a cushion for the index. <strong>Verizon (<a href=\"\/stock\/VZ\">VZ<\/a>)<\/strong> emerged as the top performer, climbing <strong>1.48%<\/strong> to <strong>$50.22<\/strong> as investors rotated into high-dividend stocks. <strong>Chevron (<a href=\"\/stock\/CVX\">CVX<\/a>)<\/strong> rose <strong>1.19%<\/strong> to <strong>$203.79<\/strong>, supported by strength in the energy sector. Payment processor <strong>Visa (<a href=\"\/stock\/V\">V<\/a>)<\/strong> gained <strong>0.78%<\/strong> to <strong>$302.15<\/strong>, while consumer staples like <strong>McDonald\u2019s (<a href=\"\/stock\/MCD\">MCD<\/a>)<\/strong> and <strong>Goldman Sachs (<a href=\"\/stock\/GS\">GS<\/a>)<\/strong> managed modest gains of <strong>0.32%<\/strong> and <strong>0.18%<\/strong>, respectively. This bifurcation highlights a growing preference for <strong>value over growth<\/strong> in the current high-rate environment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (^DJI) was down 443.96 (-0.96%) points today, closing at 45,577.47. Dow Futures (YM=F) also retreated, [&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":[298,633,1587,3016,3709,3767,4350,4380,5267],"class_list":["post-60014","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snippets-dow-jones","tag-cvx","tag-nvda","tag-vz","tag-dji","tag-fed","tag-ba","tag-dow-jones","tag-stock-market","tag-economy"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/60014","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=60014"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/60014\/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=60014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=60014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=60014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}