{"id":61218,"date":"2026-04-23T12:09:16","date_gmt":"2026-04-23T16:09:16","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaysoftware-sector-slump-pressures-dow-jones-amid-mixed-earnings\/61218\/"},"modified":"2026-04-23T12:09:16","modified_gmt":"2026-04-23T16:09:16","slug":"dowjonestodaysoftware-sector-slump-pressures-dow-jones-amid-mixed-earnings","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaysoftware-sector-slump-pressures-dow-jones-amid-mixed-earnings\/61218\/","title":{"rendered":"[DowJonesToday]Software Sector Slump Pressures Dow Jones Amid Mixed Earnings"},"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 (<a href=\"\/stock\/%5EDJI\">^DJI<\/a>)<\/strong> was down <strong>105.47 (-0.2131%)<\/strong> points today, currently trading at <strong>49,384.56<\/strong>. The primary narrative driving the market is a <strong>polarized earnings landscape<\/strong>, where significant weakness in <strong>enterprise software and technology<\/strong> is being partially offset by robust performance in <strong>industrial and defensive sectors<\/strong>. As the <strong>Q1 2026 earnings season<\/strong> intensifies, investors are reacting sharply to <strong>forward-looking guidance<\/strong>, leading to a divergence between traditional value stocks and high-growth tech components.<\/p>\n<p>The technology sector served as the primary weight on the index. Salesforce (<strong>CRM<\/strong> (<a href=\"\/stock\/CRM\">CRM<\/a>)) was the biggest loser, falling <strong>8.88%<\/strong> to <strong>$172.95<\/strong>, while IBM (<strong>IBM<\/strong> (<a href=\"\/stock\/IBM\">IBM<\/a>)) was down <strong>7.94%<\/strong> to <strong>$232.19<\/strong>. These declines follow <strong>disappointing quarterly outlooks<\/strong> that have raised concerns regarding the pace of <strong>AI-driven revenue growth<\/strong>. Other notable laggards included American Express (<strong>AXP<\/strong> (<a href=\"\/stock\/AXP\">AXP<\/a>)), which was down <strong>3.44%<\/strong> at <strong>$321.54<\/strong>, and Microsoft (<strong>MSFT<\/strong> (<a href=\"\/stock\/MSFT\">MSFT<\/a>)), which was down <strong>2.66%<\/strong> to <strong>$421.45<\/strong>, reflecting broader pressure on <strong>growth-oriented equities<\/strong>.<\/p>\n<p>Conversely, Caterpillar (<strong>CAT<\/strong> (<a href=\"\/stock\/CAT\">CAT<\/a>)) led the gainers, up <strong>3.81%<\/strong> to <strong>$840.26<\/strong>, supported by <strong>stronger-than-expected industrial demand<\/strong>. Defensive stocks also saw a bid as investors rotated out of tech; Verizon (<strong>VZ<\/strong> (<a href=\"\/stock\/VZ\">VZ<\/a>)) was up <strong>2.54%<\/strong> at <strong>$47.16<\/strong>, and Coca-Cola (<strong>KO<\/strong> (<a href=\"\/stock\/KO\">KO<\/a>)) was up <strong>2.06%<\/strong> to <strong>$76.19<\/strong>. Additional support came from Procter &amp; Gamble (<strong>PG<\/strong> (<a href=\"\/stock\/PG\">PG<\/a>)), which was up <strong>1.59%<\/strong>, and Johnson &amp; Johnson (<strong>JNJ<\/strong> (<a href=\"\/stock\/JNJ\">JNJ<\/a>)), which was up <strong>1.53%<\/strong>, as the market seeks stability in <strong>consumer staples and healthcare<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (^DJI) was down 105.47 (-0.2131%) points today, currently trading at 49,384.56. The primary narrative driving [&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":[75,216,293,3016,4350,5001],"class_list":["post-61218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snippets-dow-jones","tag-crm","tag-cat","tag-ibm","tag-dji","tag-dow-jones","tag-earnings-season"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/61218","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=61218"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/61218\/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=61218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=61218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=61218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}