{"id":62659,"date":"2026-06-03T07:09:55","date_gmt":"2026-06-03T11:09:55","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slips-as-enterprise-tech-and-retail-giants-face-headwinds\/62659\/"},"modified":"2026-06-03T07:09:55","modified_gmt":"2026-06-03T11:09:55","slug":"dowjonestodaydow-jones-slips-as-enterprise-tech-and-retail-giants-face-headwinds","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slips-as-enterprise-tech-and-retail-giants-face-headwinds\/62659\/","title":{"rendered":"[DowJonesToday]Dow Jones Slips as Enterprise Tech and Retail Giants Face Headwinds"},"content":{"rendered":"<p>The <strong>Dow Futures (YM=F)<\/strong> was down <strong>175.00 (-0.34%)<\/strong> points today as the market reacted to a complex mix of <strong>economic data<\/strong> and <strong>corporate guidance<\/strong>. The main narrative driving the session was a pivot away from <strong>enterprise technology<\/strong> and <strong>discretionary retail<\/strong>, fueled by a cautious <strong>Federal Reserve<\/strong> outlook and cooling <strong>services sector<\/strong> activity. While the broader index faced pressure, a handful of industrial and healthcare stocks managed to buck the trend, creating a bifurcated trading environment. This sentiment was further exacerbated by a slight uptick in <strong>weekly jobless claims<\/strong>, which prompted a reevaluation of the <strong>labor market&#39;s<\/strong> underlying strength.<\/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 legal update. <strong>Nvidia (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> continued its momentum, rising <strong>1.77%<\/strong> to <strong>$225.01<\/strong>, while <strong>Johnson &amp; Johnson (<a href=\"\/stock\/JNJ\">JNJ<\/a>)<\/strong> gained <strong>1.61%<\/strong> to reach <strong>$227.63<\/strong>. <strong>Cisco Systems (<a href=\"\/stock\/CSCO\">CSCO<\/a>)<\/strong> and <strong>UnitedHealth Group (<a href=\"\/stock\/UNH\">UNH<\/a>)<\/strong> also saw gains of <strong>1.33%<\/strong> and <strong>1.00%<\/strong>, respectively, as investors rotated into <strong>defensive sectors<\/strong> to hedge against <strong>global macroeconomic uncertainty<\/strong>.<\/p>\n<p>On the downside, <strong>IBM (<a href=\"\/stock\/IBM\">IBM<\/a>)<\/strong> was the biggest laggard, falling <strong>2.42%<\/strong> to <strong>$213.40<\/strong> amid concerns over <strong>AI integration costs<\/strong> and slowing <strong>consulting revenue<\/strong>. <strong>Home Depot (<a href=\"\/stock\/HD\">HD<\/a>)<\/strong> was down <strong>2.14%<\/strong> to <strong>$303.85<\/strong>, pressured by <strong>mortgage rate<\/strong> volatility impacting home improvement demand. <strong>Salesforce (<a href=\"\/stock\/CRM\">CRM<\/a>)<\/strong> dropped <strong>1.64%<\/strong>, and <strong>Sherwin-Williams (<a href=\"\/stock\/SHW\">SHW<\/a>)<\/strong> fell <strong>1.36%<\/strong>. Financial heavyweights like <strong>JPMorgan Chase (<a href=\"\/stock\/JPM\">JPM<\/a>)<\/strong> and <strong>American Express (<a href=\"\/stock\/AXP\">AXP<\/a>)<\/strong> also slipped more than <strong>1%<\/strong>, reflecting broader anxieties regarding <strong>consumer credit<\/strong> health and the sustainability of the <strong>resilient<\/strong> current <strong>economic expansion<\/strong> during the <strong>active<\/strong> trading session today <strong>this<\/strong> late afternoon.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Futures (YM=F) was down 175.00 (-0.34%) points today as the market reacted to a complex mix of economic [&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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