{"id":62507,"date":"2026-05-29T14:09:22","date_gmt":"2026-05-29T18:09:22","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-rallies-on-favorable-pce-inflation-data-and-industrial-strength\/62507\/"},"modified":"2026-05-29T14:09:22","modified_gmt":"2026-05-29T18:09:22","slug":"dowjonestodaydow-jones-rallies-on-favorable-pce-inflation-data-and-industrial-strength","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-rallies-on-favorable-pce-inflation-data-and-industrial-strength\/62507\/","title":{"rendered":"[DowJonesToday]Dow Jones Rallies on Favorable PCE Inflation Data and Industrial Strength"},"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>283.49 (0.5595%)<\/strong> points today, reaching <strong>50,952.46<\/strong>, as investors cheered a cooling <strong>Personal Consumption Expenditures (PCE)<\/strong> price index report. This key inflation metric, which the Federal Reserve closely monitors, came in lower than anticipated, fueling optimism that the central bank might pivot toward interest rate cuts sooner than expected in the second half of <strong>2026<\/strong>. <strong>Dow Futures (YM=F)<\/strong> mirrored this positive sentiment, as they were up <strong>238.00 (0.4690%)<\/strong> points today at <strong>50,981.00<\/strong>.<\/p>\n<p>Leading the gainers was <strong>3M (<a href=\"\/stock\/MMM\">MMM<\/a>)<\/strong>, which was up <strong>3.70%<\/strong> to <strong>$148.62<\/strong> following a favorable outlook for its industrial manufacturing segment. The technology sector also provided significant tailwinds for the index; <strong>Nvidia (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> was up <strong>1.77%<\/strong> to <strong>$225.01<\/strong>, while <strong>Cisco Systems (<a href=\"\/stock\/CSCO\">CSCO<\/a>)<\/strong> was up <strong>1.33%<\/strong> to <strong>$100.48<\/strong>. Healthcare stocks also saw broad gains, as <strong>Johnson &amp; Johnson (<a href=\"\/stock\/JNJ\">JNJ<\/a>)<\/strong> was up <strong>1.61%<\/strong> to <strong>$227.63<\/strong> and <strong>UnitedHealth Group (<a href=\"\/stock\/UNH\">UNH<\/a>)<\/strong> was up <strong>1.00%<\/strong> to <strong>$399.64<\/strong>.<\/p>\n<p>Despite the broader market rally, several blue-chip stocks faced downward pressure. <strong>IBM (<a href=\"\/stock\/IBM\">IBM<\/a>)<\/strong> was the index&#39;s biggest laggard, as it was down <strong>2.42%<\/strong> to <strong>$213.40<\/strong> amid a cautious outlook on enterprise software spending. The retail and housing sectors also struggled; <strong>Home Depot (<a href=\"\/stock\/HD\">HD<\/a>)<\/strong> was down <strong>2.14%<\/strong> to <strong>$303.85<\/strong>, while <strong>Salesforce (<a href=\"\/stock\/CRM\">CRM<\/a>)<\/strong> was down <strong>1.64%<\/strong> to <strong>$168.45<\/strong>. Other notable decliners included <strong>Sherwin-Williams (<a href=\"\/stock\/SHW\">SHW<\/a>)<\/strong>, which was down <strong>1.36%<\/strong> to <strong>$307.61<\/strong>, and <strong>Caterpillar (<a href=\"\/stock\/CAT\">CAT<\/a>)<\/strong>, down <strong>1.22%<\/strong> to <strong>$901.99<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (^DJI) was up 283.49 (0.5595%) points today, reaching 50,952.46, as investors cheered a cooling Personal [&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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