{"id":60263,"date":"2026-03-27T16:09:33","date_gmt":"2026-03-27T20:09:33","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-plummets-as-hot-pce-inflation-data-dashes-rate-cut-hopes\/60263\/"},"modified":"2026-03-27T16:09:33","modified_gmt":"2026-03-27T20:09:33","slug":"dowjonestodaydow-jones-plummets-as-hot-pce-inflation-data-dashes-rate-cut-hopes","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-plummets-as-hot-pce-inflation-data-dashes-rate-cut-hopes\/60263\/","title":{"rendered":"[DowJonesToday]Dow Jones Plummets as Hot PCE Inflation Data Dashes Rate Cut Hopes"},"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>793.47 (-1.73%)<\/strong> points today, closing at <strong>45,166.64<\/strong>. This sharp decline was echoed in <strong>Dow Futures (YM=F)<\/strong>, which dropped <strong>809.00 (-1.75%)<\/strong> to <strong>45,421.00<\/strong>. The dominant narrative driving the market was the release of the <strong>Personal Consumption Expenditures (PCE)<\/strong> price index, which showed inflation accelerating faster than anticipated. This data suggests the <strong>Federal Reserve<\/strong> may maintain restrictive interest rates throughout <strong>2026<\/strong>, triggering a broad-based liquidation of risk assets and a spike in <strong>Treasury yields<\/strong>.<\/p>\n<p>Growth-oriented technology and payment stocks bore the brunt of the selling pressure. <strong>Amazon (<a href=\"\/stock\/AMZN\">AMZN<\/a>)<\/strong> was the Dow&#39;s biggest laggard, falling <strong>3.70%<\/strong> to <strong>$199.96<\/strong>, while <strong>Visa (<a href=\"\/stock\/V\">V<\/a>)<\/strong> shed <strong>3.16%<\/strong> to close at <strong>$296.07<\/strong>. <strong>UnitedHealth (<a href=\"\/stock\/UNH\">UNH<\/a>)<\/strong> also saw a significant pullback of <strong>3.13%<\/strong>. Other major components like <strong>Salesforce (<a href=\"\/stock\/CRM\">CRM<\/a>)<\/strong> and <strong>JPMorgan Chase (<a href=\"\/stock\/JPM\">JPM<\/a>)<\/strong> declined <strong>3.12%<\/strong> and <strong>2.78%<\/strong> respectively, as the prospect of sustained high borrowing costs dampened valuation multiples across the software and banking sectors.<\/p>\n<p>Conversely, energy and defensive staples provided a rare bright spot. <strong>Chevron (<a href=\"\/stock\/CVX\">CVX<\/a>)<\/strong> led the gainers with a <strong>1.80%<\/strong> increase to <strong>$211.58<\/strong>, buoyed by rising energy prices. Defensive heavyweights <strong>Coca-Cola (<a href=\"\/stock\/KO\">KO<\/a>)<\/strong> and <strong>Merck (<a href=\"\/stock\/MRK\">MRK<\/a>)<\/strong> advanced <strong>1.49%<\/strong> and <strong>1.18%<\/strong>, reflecting a flight to quality. <strong>Johnson &amp; Johnson (<a href=\"\/stock\/JNJ\">JNJ<\/a>)<\/strong> rose <strong>0.95%<\/strong> to <strong>$241.62<\/strong>, while <strong>Walmart (<a href=\"\/stock\/WMT\">WMT<\/a>)<\/strong> added <strong>0.82%<\/strong> to reach <strong>$123.23<\/strong>. These gains highlight a flight to safety as traders hedged against persistent inflationary pressures and economic volatility.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (^DJI) was down 793.47 (-1.73%) points today, closing at 45,166.64. This sharp decline was echoed [&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":[18149,186,298,373,391,3710,3745,3749,4223,4350],"class_list":["post-60263","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snippets-dow-jones","tag-pce-report","tag-ko","tag-cvx","tag-unh","tag-amzn","tag-federal-reserve","tag-v","tag-pce","tag-inflation","tag-dow-jones"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/60263","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=60263"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/60263\/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=60263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=60263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=60263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}