{"id":64059,"date":"2026-07-01T09:09:21","date_gmt":"2026-07-01T13:09:21","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slips-as-manufacturing-data-and-sector-rotation-define-start-of-q3\/64059\/"},"modified":"2026-07-01T09:09:21","modified_gmt":"2026-07-01T13:09:21","slug":"dowjonestodaydow-jones-slips-as-manufacturing-data-and-sector-rotation-define-start-of-q3","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slips-as-manufacturing-data-and-sector-rotation-define-start-of-q3\/64059\/","title":{"rendered":"[DowJonesToday]Dow Jones Slips as Manufacturing Data and Sector Rotation Define Start of Q3"},"content":{"rendered":"<p>The <strong>Dow Futures (YM=F)<\/strong> <strong>was down 120.00 (-0.23%) points today<\/strong> as investors navigated a complex start to the third quarter. The primary narrative driving the market is the latest <strong>ISM Manufacturing PMI<\/strong> report, which indicated a surprising contraction in factory activity. This <strong>economic data<\/strong> has sparked a shift in sentiment, as market participants weigh the potential for a &quot;soft landing&quot; against the reality of cooling industrial output. Consequently, the index faced pressure as traders adjusted their portfolios to account for a potentially slower growth environment throughout the remainder of <strong>2026<\/strong>.<\/p>\n<p>Leading the gainers today, 3M (<a href=\"\/stock\/MMM\">MMM<\/a>) <strong>was up 3.70%<\/strong> to <strong>$148.62<\/strong>, buoyed by positive developments in its ongoing litigation restructuring. The semiconductor giant <a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>) also performed well and <strong>was up 1.77%<\/strong> to <strong>$225.01<\/strong>, as institutional investors continue to favor high-growth AI plays. Furthermore, healthcare leader Johnson &amp; Johnson (<a href=\"\/stock\/JNJ\">JNJ<\/a>) <strong>was up 1.61%<\/strong> to <strong>$227.63<\/strong>, while Cisco Systems (<a href=\"\/stock\/CSCO\">CSCO<\/a>) <strong>was up 1.33%<\/strong> to <strong>$100.48<\/strong>, providing a necessary cushion for the index amidst broader volatility in the tech and industrial sectors.<\/p>\n<p>Conversely, International Business Machines (<a href=\"\/stock\/IBM\">IBM<\/a>) emerged as the biggest laggard and <strong>was down 2.42%<\/strong> to <strong>$213.40<\/strong> following a downgrade citing decelerating cloud revenue. Home Depot (<a href=\"\/stock\/HD\">HD<\/a>) also saw significant selling pressure and <strong>was down 2.14%<\/strong> to <strong>$303.85<\/strong> as high mortgage rates continue to impact home improvement demand. Other notable decliners included Salesforce (<a href=\"\/stock\/CRM\">CRM<\/a>), which <strong>was down 1.64%<\/strong> to <strong>$168.45<\/strong>, and Caterpillar (<a href=\"\/stock\/CAT\">CAT<\/a>), which <strong>was down 1.22%<\/strong> to <strong>$901.99<\/strong>, as the manufacturing slowdown weighed heavily on heavy machinery and enterprise software providers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Futures (YM=F) was down 120.00 (-0.23%) points today as investors navigated a complex start to the third quarter. [&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":[293,633,1773,3808,4350,5267,12352,17074],"class_list":["post-64059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snippets-dow-jones","tag-ibm","tag-nvda","tag-mmm","tag-dia","tag-dow-jones","tag-economy","tag-ymf","tag-stock-market-today"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/64059","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=64059"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/64059\/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=64059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=64059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=64059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}