{"id":60850,"date":"2026-04-13T12:09:29","date_gmt":"2026-04-13T16:09:29","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-dips-as-financials-retreat-amid-hawkish-fed-outlook\/60850\/"},"modified":"2026-04-13T12:09:29","modified_gmt":"2026-04-13T16:09:29","slug":"dowjonestodaydow-jones-dips-as-financials-retreat-amid-hawkish-fed-outlook","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-dips-as-financials-retreat-amid-hawkish-fed-outlook\/60850\/","title":{"rendered":"[DowJonesToday]Dow Jones Dips as Financials Retreat Amid Hawkish Fed Outlook"},"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>202.34 (-0.42%)<\/strong> points today, currently at <strong>47,714.23<\/strong>. This downward momentum was reflected in the <strong>Dow Futures (YM=F)<\/strong>, which was down <strong>237.00 (-0.49%)<\/strong> points. The primary narrative driving the market on <strong>Monday, April 13th, 2026<\/strong>, is a defensive shift as investors react to <strong>hawkish signals<\/strong> from the <strong>Federal Reserve<\/strong>, dampening enthusiasm for financial institutions and shifting focus toward high-growth tech earnings and AI development.<\/p>\n<p>The financial sector faced the brunt of today&#39;s volatility. <strong>Goldman Sachs (<a href=\"\/stock\/GS\">GS<\/a>)<\/strong> was the biggest loser, as it was down <strong>3.26%<\/strong> to <strong>$877.69<\/strong>. This decline was compounded by losses in consumer staples; <strong>Sherwin-Williams (<a href=\"\/stock\/SHW\">SHW<\/a>)<\/strong> was down <strong>2.41%<\/strong>, while <strong>Coca-Cola (<a href=\"\/stock\/KO\">KO<\/a>)<\/strong> was down <strong>1.87%<\/strong>. Furthermore, <strong>Walmart (<a href=\"\/stock\/WMT\">WMT<\/a>)<\/strong> and <strong>Merck (<a href=\"\/stock\/MRK\">MRK<\/a>)<\/strong> both saw valuations slide, as each was down <strong>1.81%<\/strong>, reflecting broader concerns regarding <strong>consumer spending power<\/strong> in a high-rate environment.<\/p>\n<p>Conversely, the software sector provided a buffer. <strong>Salesforce (<a href=\"\/stock\/CRM\">CRM<\/a>)<\/strong> was up <strong>4.59%<\/strong> to <strong>$172.45<\/strong>, leading gainers after an optimistic upgrade. <strong>Microsoft (<a href=\"\/stock\/MSFT\">MSFT<\/a>)<\/strong> also showed strength, as it was up <strong>2.60%<\/strong> to <strong>$380.54<\/strong>, while <strong>Chevron (<a href=\"\/stock\/CVX\">CVX<\/a>)<\/strong> was up <strong>1.42%<\/strong> to <strong>$191.27<\/strong>. Other gainers included <strong>IBM (<a href=\"\/stock\/IBM\">IBM<\/a>)<\/strong>, up <strong>1.15%<\/strong>, and <strong>Disney (<a href=\"\/stock\/DIS\">DIS<\/a>)<\/strong>, up <strong>0.90%<\/strong>. This divergence highlights a market where <strong>AI-driven growth<\/strong> attracts capital despite macroeconomic headwinds affecting the industrial average.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (^DJI) was down 202.34 (-0.42%) points today, currently at 47,714.23. This downward momentum was reflected [&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":[33,75,297,3016,4350],"class_list":["post-60850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snippets-dow-jones","tag-msft","tag-crm","tag-gs","tag-dji","tag-dow-jones"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/60850","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=60850"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/60850\/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=60850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=60850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=60850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}