{"id":62669,"date":"2026-06-03T11:09:21","date_gmt":"2026-06-03T15:09:21","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-pulls-back-as-inflation-concerns-weigh-on-blue-chips\/62669\/"},"modified":"2026-06-03T11:09:21","modified_gmt":"2026-06-03T15:09:21","slug":"dowjonestodaydow-jones-pulls-back-as-inflation-concerns-weigh-on-blue-chips","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-pulls-back-as-inflation-concerns-weigh-on-blue-chips\/62669\/","title":{"rendered":"[DowJonesToday]Dow Jones Pulls Back as Inflation Concerns Weigh on Blue-Chips"},"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 (<a href=\"\/stock\/%5EDJI\">^DJI<\/a>)<\/strong> was down <strong>405.00 (-0.7894%)<\/strong> points today, falling to <strong>50,902.79<\/strong>. <strong>Dow Futures (<a href=\"\/stock\/YM=F\">YM=F<\/a>)<\/strong> also showed weakness, trading down <strong>401.00 (-0.7802%)<\/strong> points at <strong>50,999.00<\/strong>. The primary narrative driving the session was a reaction to <strong>unexpectedly high manufacturing costs<\/strong> and <strong>hawkish commentary<\/strong> from Federal Reserve officials, which dampened hopes for a summer rate cut. This macro pressure pushed the blue-chip index away from recent record highs as investors recalibrated their risk exposure.<\/p>\n<p>Despite the broad downturn, <strong>3M (<a href=\"\/stock\/MMM\">MMM<\/a>)<\/strong> led the gainers, up <strong>3.70%<\/strong> to <strong>148.62<\/strong>, following a positive legal settlement update. Tech giant <strong>Nvidia (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> was up <strong>1.77%<\/strong> to <strong>225.0050<\/strong>, continuing its momentum in the AI sector. Other defensive plays also performed well, with <strong>Johnson &amp; Johnson (<a href=\"\/stock\/JNJ\">JNJ<\/a>)<\/strong> up <strong>1.61%<\/strong> to <strong>227.63<\/strong> and <strong>Cisco Systems (<a href=\"\/stock\/CSCO\">CSCO<\/a>)<\/strong> up <strong>1.33%<\/strong> to <strong>100.48<\/strong>. <strong>UnitedHealth Group (<a href=\"\/stock\/UNH\">UNH<\/a>)<\/strong> added <strong>1.00%<\/strong>, trading at <strong>399.64<\/strong>, while <strong>Apple (<a href=\"\/stock\/AAPL\">AAPL<\/a>)<\/strong> managed a slight gain of <strong>0.30%<\/strong>.<\/p>\n<p>Conversely, the industrial and enterprise tech sectors felt the brunt of the selling pressure. <strong>IBM (<a href=\"\/stock\/IBM\">IBM<\/a>)<\/strong> was down <strong>2.42%<\/strong> to <strong>213.40<\/strong>, leading the laggards. Retail giant <strong>Home Depot (<a href=\"\/stock\/HD\">HD<\/a>)<\/strong> was down <strong>2.14%<\/strong> to <strong>303.8475<\/strong> amid concerns over slowing housing starts. Software leader <strong>Salesforce (<a href=\"\/stock\/CRM\">CRM<\/a>)<\/strong> was down <strong>1.64%<\/strong> to <strong>168.45<\/strong>, while <strong>Sherwin-Williams (<a href=\"\/stock\/SHW\">SHW<\/a>)<\/strong> was down <strong>1.36%<\/strong> to <strong>307.61<\/strong>. Financials were also weak, as <strong>American Express (<a href=\"\/stock\/AXP\">AXP<\/a>)<\/strong> was down <strong>1.27%<\/strong> to <strong>310.29<\/strong> and <strong>JPMorgan Chase (<a href=\"\/stock\/JPM\">JPM<\/a>)<\/strong> was down <strong>1.12%<\/strong> to <strong>301.51<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (^DJI) was down 405.00 (-0.7894%) points today, falling to 50,902.79. Dow Futures (YM=F) also showed [&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":[293,633,1773,3016,3878,4350,17074,19045],"class_list":["post-62669","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snippets-dow-jones","tag-ibm","tag-nvda","tag-mmm","tag-dji","tag-hd","tag-dow-jones","tag-stock-market-today","tag-june-2026"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/62669","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=62669"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/62669\/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=62669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=62669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=62669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}