{"id":62488,"date":"2026-05-29T07:09:38","date_gmt":"2026-05-29T11:09:38","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaypce-inflation-cooling-and-tech-resilience-drive-dow-futures-higher\/62488\/"},"modified":"2026-05-29T07:09:38","modified_gmt":"2026-05-29T11:09:38","slug":"dowjonestodaypce-inflation-cooling-and-tech-resilience-drive-dow-futures-higher","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaypce-inflation-cooling-and-tech-resilience-drive-dow-futures-higher\/62488\/","title":{"rendered":"[DowJonesToday]PCE Inflation Cooling and Tech Resilience Drive Dow Futures Higher"},"content":{"rendered":"<p>The <strong><a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Futures (YM=F)<\/strong> was up <strong>96.00 (0.1892%)<\/strong> points today, reaching <strong>50,839.00<\/strong> as market participants reacted to the latest <strong>Personal Consumption Expenditures (PCE)<\/strong> price index. The data showed <strong>inflation cooling<\/strong> more than expected, fueling hopes that the <strong>Federal Reserve<\/strong> might signal a pivot toward <strong>interest rate cuts<\/strong> in the second half of 2026. This macroeconomic shift provided a tailwind for industrial giants and high-growth technology firms, offsetting concerns regarding softening consumer discretionary spending and high <strong>yield environments<\/strong> across <strong>Treasury markets<\/strong> as <strong>yields softened<\/strong>.<\/p>\n<p>Leading the charge, <strong>3M (<a href=\"\/stock\/MMM\">MMM<\/a>)<\/strong> was up <strong>3.70%<\/strong> at <strong>$148.62<\/strong> following a favorable legal settlement update and improved <strong>operational margins<\/strong>. In the semiconductor space, <strong>Nvidia (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> was up <strong>1.77%<\/strong> at <strong>$225.01<\/strong>, continuing its dominance in the <strong>AI infrastructure<\/strong> sector. Healthcare also showed strength as <strong>Johnson &amp; Johnson (<a href=\"\/stock\/JNJ\">JNJ<\/a>)<\/strong> was up <strong>1.61%<\/strong> at <strong>$227.63<\/strong>, while <strong>Cisco Systems (<a href=\"\/stock\/CSCO\">CSCO<\/a>)<\/strong> was up <strong>1.33%<\/strong> at <strong>$100.48<\/strong>. These gains highlight a rotation into <strong>defensive value<\/strong> and <strong>AI-driven growth<\/strong> stocks amid a volatile <strong>earnings season<\/strong> for <strong>blue-chip equities<\/strong>.<\/p>\n<p>Conversely, the technology sector saw significant pressure on legacy players. <strong>IBM (<a href=\"\/stock\/IBM\">IBM<\/a>)<\/strong> was down <strong>2.42%<\/strong> at <strong>$213.40<\/strong> after a disappointing quarterly guidance update regarding its <strong>cloud services<\/strong> division. Retail and consumer sectors also struggled, with <strong>Home Depot (<a href=\"\/stock\/HD\">HD<\/a>)<\/strong> down <strong>2.14%<\/strong> at <strong>$303.85<\/strong> and <strong>Salesforce (<a href=\"\/stock\/CRM\">CRM<\/a>)<\/strong> was down <strong>1.64%<\/strong> at <strong>$168.45<\/strong>. Financials faced headwinds as <strong>American Express (<a href=\"\/stock\/AXP\">AXP<\/a>)<\/strong> was down <strong>1.27%<\/strong> and <strong>JPMorgan Chase (<a href=\"\/stock\/JPM\">JPM<\/a>)<\/strong> was down <strong>1.12%<\/strong>, reflecting broader concerns over <strong>loan growth<\/strong> and <strong>consumer credit<\/strong> health in a high-rate environment <strong>today<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Futures (YM=F) was up 96.00 (0.1892%) points today, reaching 50,839.00 as market participants reacted to the latest [&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 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