{"id":62122,"date":"2026-05-19T16:09:25","date_gmt":"2026-05-19T20:09:25","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slumps-as-inflation-fears-delay-rate-cut-expectations\/62122\/"},"modified":"2026-05-19T16:09:25","modified_gmt":"2026-05-19T20:09:25","slug":"dowjonestodaydow-jones-slumps-as-inflation-fears-delay-rate-cut-expectations","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slumps-as-inflation-fears-delay-rate-cut-expectations\/62122\/","title":{"rendered":"[DowJonesToday]Dow Jones Slumps as Inflation Fears Delay Rate Cut Expectations"},"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>322.24 (-0.65%)<\/strong> points today, closing at <strong>49,363.88<\/strong>. This decline was mirrored in the broader market as <strong>Dow Futures (YM=F)<\/strong> also fell <strong>353.00 (-0.71%)<\/strong> points to <strong>49,415.00<\/strong>. The downward movement reflects growing investor anxiety regarding <strong>sticky inflation<\/strong> and the <strong>Federal Reserve&#39;s<\/strong> prolonged restrictive monetary policy, which has kept the <strong>10-year Treasury yield<\/strong> near multi-year highs.<\/p>\n<p>The primary narrative driving the market was the release of <strong>higher-than-expected producer price data<\/strong>, which fueled fears that interest rate cuts may be delayed until late <strong>2026<\/strong>. This macroeconomic headwind particularly impacted capital-intensive sectors and discretionary spending. Additionally, a cautious outlook from major enterprise tech consultants weighed heavily on sentiment, overshadowing continued strength in the <strong>artificial intelligence<\/strong> sector.<\/p>\n<p>Despite the index&#39;s decline, <strong>3M<\/strong> (<a href=\"\/stock\/MMM\">MMM<\/a>) emerged as the top gainer, surging <strong>3.70%<\/strong> to <strong>$148.62<\/strong> following a significant legal breakthrough. <strong>Nvidia<\/strong> (<a href=\"\/stock\/NVDA\">NVDA<\/a>) rose <strong>1.77%<\/strong> to <strong>$225.01<\/strong>, while <strong>Johnson &amp; Johnson<\/strong> (<a href=\"\/stock\/JNJ\">JNJ<\/a>) climbed <strong>1.61%<\/strong> to <strong>$227.63<\/strong> as a defensive play. Other notable gainers included <strong>Cisco Systems<\/strong> (<a href=\"\/stock\/CSCO\">CSCO<\/a>), up <strong>1.33%<\/strong>, and <strong>UnitedHealth Group<\/strong> (<a href=\"\/stock\/UNH\">UNH<\/a>), which added <strong>1.00%<\/strong>.<\/p>\n<p>Conversely, <strong>IBM<\/strong> (<a href=\"\/stock\/IBM\">IBM<\/a>) led the laggards, tumbling <strong>2.42%<\/strong> to <strong>$213.40<\/strong> after reporting a slowdown in enterprise cloud contracts. <strong>Home Depot<\/strong> (<a href=\"\/stock\/HD\">HD<\/a>) dropped <strong>2.14%<\/strong> to <strong>$303.85<\/strong> as high borrowing costs dampened the housing outlook. <strong>Salesforce<\/strong> (<a href=\"\/stock\/CRM\">CRM<\/a>) also faced pressure, falling <strong>1.64%<\/strong> to <strong>$168.45<\/strong>, while <strong>JPMorgan Chase<\/strong> (<a href=\"\/stock\/JPM\">JPM<\/a>) slipped <strong>1.12%<\/strong> to <strong>$301.51<\/strong> amid concerns over narrowing net interest margins.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (^DJI) was down 322.24 (-0.65%) points today, closing at 49,363.88. This decline was mirrored in [&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":[293,633,1773,3016,4350,17074,18634],"class_list":["post-62122","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snippets-dow-jones","tag-ibm","tag-nvda","tag-mmm","tag-dji","tag-dow-jones","tag-stock-market-today","tag-may-2026"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/62122","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=62122"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/62122\/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=62122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=62122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=62122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}