{"id":61215,"date":"2026-04-23T11:09:22","date_gmt":"2026-04-23T15:09:22","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-dips-as-tech-giants-ibm-and-salesforce-face-steep-declines\/61215\/"},"modified":"2026-04-23T11:09:22","modified_gmt":"2026-04-23T15:09:22","slug":"dowjonestodaydow-jones-dips-as-tech-giants-ibm-and-salesforce-face-steep-declines","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-dips-as-tech-giants-ibm-and-salesforce-face-steep-declines\/61215\/","title":{"rendered":"[DowJonesToday]Dow Jones Dips as Tech Giants IBM and Salesforce Face Steep Declines"},"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>47.19 (-0.0954%)<\/strong> points today, trading at <strong>49,442.84<\/strong>. The market&#39;s movement was defined by a sharp divergence between industrial strength and a significant retreat in enterprise software. While the index saw a decline, <strong>Dow Futures (YM=F)<\/strong> was up <strong>15.00 (0.0302%)<\/strong>, indicating that investors are seeking a floor despite volatility in high-growth tech components.<\/p>\n<p>The dominant narrative was driven by heavy selling in technology following disappointing corporate updates. International Business Machines (<a href=\"\/stock\/IBM\">IBM<\/a>) was down <strong>8.45%<\/strong> to <strong>$230.51<\/strong>, and Salesforce (<a href=\"\/stock\/CRM\">CRM<\/a>) was down <strong>8.32%<\/strong> to <strong>$174.18<\/strong>, marking them as the day&#39;s biggest laggards. This pressure was compounded by Microsoft (<a href=\"\/stock\/MSFT\">MSFT<\/a>), which was down <strong>2.98%<\/strong>, and American Express (<a href=\"\/stock\/AXP\">AXP<\/a>), which was down <strong>2.28%<\/strong>. These moves suggest cooling sentiment toward software valuations and a shift in capital allocation.<\/p>\n<p>Conversely, Caterpillar (<a href=\"\/stock\/CAT\">CAT<\/a>) was up <strong>3.49%<\/strong> to <strong>$837.60<\/strong>, providing a critical buffer for the index. Defensive stocks also performed well; Verizon (<a href=\"\/stock\/VZ\">VZ<\/a>) was up <strong>2.33%<\/strong> and Coca-Cola (<a href=\"\/stock\/KO\">KO<\/a>) was up <strong>2.17%<\/strong>. Other gainers included Travelers (<a href=\"\/stock\/TRV\">TRV<\/a>), up <strong>1.73%<\/strong>, and Procter &amp; Gamble (<a href=\"\/stock\/PG\">PG<\/a>), up <strong>1.48%<\/strong>. This rotation highlights a clear shift toward value as investors hedge against the volatility seen in the tech-heavy segments of the <strong>Dow Jones<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (^DJI) was down 47.19 (-0.0954%) points today, trading at 49,442.84. The market&#39;s movement was defined [&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":[75,216,293,1587,1807,3016,4380],"class_list":["post-61215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snippets-dow-jones","tag-crm","tag-cat","tag-ibm","tag-vz","tag-earnings","tag-dji","tag-stock-market"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/61215","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=61215"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/61215\/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=61215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=61215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=61215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}