{"id":61728,"date":"2026-05-08T12:10:06","date_gmt":"2026-05-08T16:10:06","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-inches-higher-as-consumer-sentiment-bolsters-soft-landing-hopes\/61728\/"},"modified":"2026-05-08T12:10:06","modified_gmt":"2026-05-08T16:10:06","slug":"dowjonestodaydow-jones-inches-higher-as-consumer-sentiment-bolsters-soft-landing-hopes","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-inches-higher-as-consumer-sentiment-bolsters-soft-landing-hopes\/61728\/","title":{"rendered":"[DowJonesToday]Dow Jones Inches Higher as Consumer Sentiment Bolsters Soft Landing Hopes"},"content":{"rendered":"<p>The <strong><a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average (^DJI)<\/strong> was up <strong>68.34 (0.1378%)<\/strong> points today, reaching <strong>49,665.31<\/strong>. The primary narrative driving the market is the <strong>University of Michigan Consumer Sentiment Index<\/strong>, which showed an uptick in consumer confidence and cooling <strong>inflation expectations<\/strong>. This data provided a boost to investor sentiment, suggesting the economy remains on a path toward a &quot;soft landing.&quot; <strong>Dow Futures (YM=F)<\/strong> were also up <strong>32.00 (0.0644%)<\/strong> points today at <strong>49,732.00<\/strong>, reflecting a steady appetite for risk among the institutional investors.<\/p>\n<p>Leading the gainers, Cisco Systems, Inc. (<a href=\"\/stock\/CSCO\">CSCO<\/a>) was up <strong>4.06%<\/strong> to <strong>$95.88<\/strong> following strong enterprise demand forecasts. Tech momentum continued with Nvidia (<a href=\"\/stock\/NVDA\">NVDA<\/a>), which was up <strong>2.29%<\/strong> at <strong>$216.36<\/strong>, and Apple (<a href=\"\/stock\/AAPL\">AAPL<\/a>), which was up <strong>1.85%<\/strong> to <strong>$292.73<\/strong>. The aerospace sector saw strength as Boeing (<a href=\"\/stock\/BA\">BA<\/a>) was up <strong>2.07%<\/strong> at <strong>$235.77<\/strong>. Additionally, healthcare giant UnitedHealth Group (<a href=\"\/stock\/UNH\">UNH<\/a>) was up <strong>1.05%<\/strong> to <strong>$373.61<\/strong>, while Goldman Sachs (<a href=\"\/stock\/GS\">GS<\/a>) was up <strong>0.92%<\/strong> at <strong>$934.22<\/strong>, reflecting a rotation into quality earnings and defensive positioning.<\/p>\n<p>On the downside, Salesforce (<a href=\"\/stock\/CRM\">CRM<\/a>) was down <strong>3.78%<\/strong> to <strong>$179.29<\/strong>, leading the laggards as the software sector faced profit-taking. Financial services also saw pressure; American Express (<a href=\"\/stock\/AXP\">AXP<\/a>) was down <strong>1.37%<\/strong> at <strong>$314.32<\/strong>, and JPMorgan Chase (<a href=\"\/stock\/JPM\">JPM<\/a>) was down <strong>1.33%<\/strong> to <strong>$302.20<\/strong>. Tech-adjacent IBM (<a href=\"\/stock\/IBM\">IBM<\/a>) was down <strong>1.04%<\/strong> at <strong>$228.91<\/strong>, and McDonald&#39;s (<a href=\"\/stock\/MCD\">MCD<\/a>) was down <strong>1.02%<\/strong> to <strong>$280.82<\/strong>. These declines were largely attributed to a shift in capital toward high-growth tech, as investors balanced the implications of the <strong>Federal Reserve&#39;s<\/strong> upcoming policy moves. Market participants remain cautious but optimistic today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (^DJI) was up 68.34 (0.1378%) points today, reaching 49,665.31. The primary narrative driving the market [&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":[29,75,174,633,3016,4350,4380,5959],"class_list":["post-61728","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snippets-dow-jones","tag-csco","tag-crm","tag-jpm","tag-nvda","tag-dji","tag-dow-jones","tag-stock-market","tag-consumer-sentiment"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/61728","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=61728"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/61728\/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=61728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=61728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=61728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}