{"id":66157,"date":"2026-08-07T17:09:08","date_gmt":"2026-08-07T21:09:08","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-rises-as-industrial-and-tech-strength-offsets-retail-slump-3\/66157\/"},"modified":"2026-08-07T17:09:08","modified_gmt":"2026-08-07T21:09:08","slug":"dowjonestodaydow-jones-rises-as-industrial-and-tech-strength-offsets-retail-slump-3","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-rises-as-industrial-and-tech-strength-offsets-retail-slump-3\/66157\/","title":{"rendered":"[DowJonesToday]Dow Jones Rises as Industrial and Tech Strength Offsets Retail Slump"},"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 up <strong>151.83 (0.28%)<\/strong> points today, closing at a record level of <strong>54,036.93<\/strong>. This positive momentum was mirrored in the derivatives market, as <strong>Dow Futures (<a href=\"\/stock\/YM=F\">YM=F<\/a>)<\/strong> also climbed, finishing up <strong>106.00 (0.20%)<\/strong> points. The primary narrative driving the market on this <strong>Friday, August 7th, 2026<\/strong>, was a robust <strong>July Jobs Report<\/strong>, which indicated a resilient labor market and fueled investor confidence in a &quot;soft landing&quot; for the U.S. economy. This macroeconomic optimism outweighed concerns regarding fluctuating consumer discretionary spending.<\/p>\n<p>Leading the blue-chip index higher was <strong>3M (<a href=\"\/stock\/MMM\">MMM<\/a>)<\/strong>, which surged <strong>3.70%<\/strong> to <strong>$148.62<\/strong> following a favorable legal settlement update. The technology sector also provided significant tailwinds, with <strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> gaining <strong>1.77%<\/strong> to reach <strong>$225.01<\/strong> and <strong>Cisco Systems (<a href=\"\/stock\/CSCO\">CSCO<\/a>)<\/strong> rising <strong>1.33%<\/strong> to <strong>$100.48<\/strong>. Defensive plays remained in favor as well, evidenced by <strong>Johnson &amp; Johnson (<a href=\"\/stock\/JNJ\">JNJ<\/a>)<\/strong> climbing <strong>1.61%<\/strong> to <strong>$227.63<\/strong> and <strong>UnitedHealth Group (<a href=\"\/stock\/UNH\">UNH<\/a>)<\/strong> adding <strong>1.00%<\/strong> to close at <strong>$399.64<\/strong>.<\/p>\n<p>Conversely, the market faced pressure from the retail and enterprise tech sectors. <strong>IBM (<a href=\"\/stock\/IBM\">IBM<\/a>)<\/strong> was the day&#39;s biggest laggard, falling <strong>2.42%<\/strong> to <strong>$213.40<\/strong> after a cautious outlook on corporate AI spending. <strong>Home Depot (<a href=\"\/stock\/HD\">HD<\/a>)<\/strong> dropped <strong>2.14%<\/strong> to <strong>$303.85<\/strong> as high mortgage rates continued to cool the home improvement sector. Other notable decliners included <strong>Salesforce (<a href=\"\/stock\/CRM\">CRM<\/a>)<\/strong>, which shed <strong>1.64%<\/strong>, and <strong>American Express (<a href=\"\/stock\/AXP\">AXP<\/a>)<\/strong>, which fell <strong>1.27%<\/strong> to <strong>$310.29<\/strong> amid concerns over rising credit delinquency rates reported in the broader financial sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (^DJI) was up 151.83 (0.28%) points today, closing at a record level of 54,036.93. This [&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":[293,633,1773,3016,3878,4350,11999,17074],"class_list":["post-66157","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-market-summary","tag-stock-market-today"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/66157","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=66157"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/66157\/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=66157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=66157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=66157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}