{"id":60469,"date":"2026-04-02T12:09:37","date_gmt":"2026-04-02T16:09:37","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-retreats-as-geopolitical-escalation-and-surging-oil-prices-rattle-markets\/60469\/"},"modified":"2026-04-02T12:09:37","modified_gmt":"2026-04-02T16:09:37","slug":"dowjonestodaydow-jones-retreats-as-geopolitical-escalation-and-surging-oil-prices-rattle-markets","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-retreats-as-geopolitical-escalation-and-surging-oil-prices-rattle-markets\/60469\/","title":{"rendered":"[DowJonesToday]Dow Jones Retreats as Geopolitical Escalation and Surging Oil Prices Rattle Markets"},"content":{"rendered":"<p>The <strong><a href=\"https:\/\/stockmarketwatch.com\/markets\/dowjones\/today.aspx\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Index (^DJI)<\/strong> was down <strong>188.88 (-0.41%)<\/strong> points today, sitting at <strong>46,376.86<\/strong>. <strong>Dow Futures (YM=F)<\/strong> also showed weakness, down <strong>163.00 (-0.35%)<\/strong> at <strong>46,643.00<\/strong>. The primary driver was a sharp pivot in investor sentiment following a televised address by President <a href=\"https:\/\/thestockmarketwatch.com\/live\/trump-stock-market\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Trump\">Trump<\/a>, who vowed to escalate military action in Iran over the next several weeks. This announcement effectively cooled hopes for a near-term ceasefire, sending crude oil prices above <strong>$110 per barrel<\/strong> and sparking fears of a prolonged inflationary shock to the economy.<\/p>\n<p>The prospect of sustained high energy costs and potential policy paralysis from the Federal Reserve weighed heavily on consumer-facing and housing-related stocks. <strong>Sherwin-Williams (<a href=\"\/stock\/SHW\">SHW<\/a>)<\/strong> led the decliners, down <strong>2.65%<\/strong> at <strong>$316.98<\/strong>, while <strong>Home Depot (<a href=\"\/stock\/HD\">HD<\/a>)<\/strong> fell <strong>2.57%<\/strong> to <strong>$321.20<\/strong>. Retail giant <strong>Nike (<a href=\"\/stock\/NKE\">NKE<\/a>)<\/strong> was down <strong>1.81%<\/strong> at <strong>$43.83<\/strong>, and <strong>Amgen (<a href=\"\/stock\/AMGN\">AMGN<\/a>)<\/strong> slipped <strong>1.23%<\/strong> to <strong>$348.85<\/strong>. Industrial bellwether <strong>Caterpillar (<a href=\"\/stock\/CAT\">CAT<\/a>)<\/strong> was also down <strong>1.03%<\/strong> at <strong>$722.85<\/strong>, as traders braced for the impact of rising fuel costs on global supply chains and domestic demand.<\/p>\n<p>Conversely, the energy sector and defensive enterprise technology provided a necessary buffer. <strong>Chevron (<a href=\"\/stock\/CVX\">CVX<\/a>)<\/strong> was up <strong>0.69%<\/strong> at <strong>$199.13<\/strong>, buoyed by the surge in global oil benchmarks. <strong>Cisco Systems (<a href=\"\/stock\/CSCO\">CSCO<\/a>)<\/strong> was up <strong>1.29%<\/strong> at <strong>$78.93<\/strong>, and <strong>IBM (<a href=\"\/stock\/IBM\">IBM<\/a>)<\/strong> gained <strong>1.27%<\/strong> to <strong>$246.08<\/strong>, reflecting a rotation into stable, cash-rich tech names. <strong>Travelers (<a href=\"\/stock\/TRV\">TRV<\/a>)<\/strong> was up <strong>1.20%<\/strong> at <strong>$293.98<\/strong>, while <strong>UnitedHealth Group (<a href=\"\/stock\/UNH\">UNH<\/a>)<\/strong> added <strong>0.82%<\/strong> to <strong>$276.35<\/strong>. These gains helped the index recover from much deeper losses seen earlier in the session.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Index (^DJI) was down 188.88 (-0.41%) points today, sitting at 46,376.86. Dow Futures (YM=F) also showed weakness, [&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":[298,593,3016,3878,4350,17074,17806],"class_list":["post-60469","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snippets-dow-jones","tag-cvx","tag-shw","tag-dji","tag-hd","tag-dow-jones","tag-stock-market-today","tag-iranwar"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/60469","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=60469"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/60469\/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=60469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=60469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=60469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}