{"id":61905,"date":"2026-05-13T16:09:26","date_gmt":"2026-05-13T20:09:26","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slips-as-inflation-data-dampens-rate-cut-hopes-2\/61905\/"},"modified":"2026-05-13T16:09:26","modified_gmt":"2026-05-13T20:09:26","slug":"dowjonestodaydow-jones-slips-as-inflation-data-dampens-rate-cut-hopes-2","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slips-as-inflation-data-dampens-rate-cut-hopes-2\/61905\/","title":{"rendered":"[DowJonesToday]Dow Jones Slips as Inflation Data Dampens Rate Cut 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 down <strong>67.36 (-0.13%)<\/strong> points today, Wednesday, May 13th, 2026, closing at <strong>49,693.20<\/strong>. The primary market narrative was the release of the <strong>April Consumer Price Index (CPI)<\/strong>, which indicated that inflation remains stubbornly above the <strong>Federal Reserve&#39;s<\/strong> target. This economic data fueled concerns that interest rates will remain elevated for longer, dampening investor enthusiasm across several sectors. <strong>Dow Futures (YM=F)<\/strong> also slipped, trading down <strong>94.00 (-0.19%)<\/strong> points to reach <strong>49,775.00<\/strong> by the closing bell.<\/p>\n<p>Despite the index&#39;s retreat, 3M (<a href=\"\/stock\/MMM\">MMM<\/a>) led the gainers, jumping <strong>3.70%<\/strong> to <strong>$148.62<\/strong> on positive sentiment surrounding its ongoing restructuring efforts. Defensive and high-growth names also found buyers amidst the volatility; Nvidia (<a href=\"\/stock\/NVDA\">NVDA<\/a>) rose <strong>1.77%<\/strong> to <strong>$225.01<\/strong>, while Johnson &amp; Johnson (<a href=\"\/stock\/JNJ\">JNJ<\/a>) climbed <strong>1.61%<\/strong> to <strong>$227.63<\/strong>. Other notable performers included Cisco (<a href=\"\/stock\/CSCO\">CSCO<\/a>), which added <strong>1.33%<\/strong> to reach <strong>$100.48<\/strong>, and UnitedHealth Group (<a href=\"\/stock\/UNH\">UNH<\/a>), which closed up <strong>1.00%<\/strong> at <strong>$399.64<\/strong>.<\/p>\n<p>On the downside, IBM (<a href=\"\/stock\/IBM\">IBM<\/a>) was the biggest loser, dropping <strong>2.42%<\/strong> to <strong>$213.40<\/strong> following a cautious outlook on enterprise spending. Home Depot (<a href=\"\/stock\/HD\">HD<\/a>) fell <strong>2.14%<\/strong> to <strong>$303.85<\/strong>, as the prospect of sustained high mortgage rates pressured the retail giant. Other significant decliners included Salesforce (<a href=\"\/stock\/CRM\">CRM<\/a>), which shed <strong>1.64%<\/strong> to <strong>$168.45<\/strong>, and Sherwin-Williams (<a href=\"\/stock\/SHW\">SHW<\/a>), down <strong>1.36%<\/strong> to <strong>$307.61<\/strong>. Financial stocks also struggled, with American Express (<a href=\"\/stock\/AXP\">AXP<\/a>) and JPMorgan Chase (<a href=\"\/stock\/JPM\">JPM<\/a>) losing <strong>1.27%<\/strong> and <strong>1.12%<\/strong> respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (^DJI) was down 67.36 (-0.13%) points today, Wednesday, May 13th, 2026, closing at 49,693.20. The [&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":[293,633,1773,3016,3712,3878,4223,4350,17074],"class_list":["post-61905","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snippets-dow-jones","tag-ibm","tag-nvda","tag-mmm","tag-dji","tag-cpi","tag-hd","tag-inflation","tag-dow-jones","tag-stock-market-today"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/61905","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=61905"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/61905\/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=61905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=61905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=61905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}