{"id":66667,"date":"2026-08-17T14:09:21","date_gmt":"2026-08-17T18:09:21","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slides-as-enterprise-tech-and-retail-face-interest-rate-headwinds\/66667\/"},"modified":"2026-08-17T14:09:21","modified_gmt":"2026-08-17T18:09:21","slug":"dowjonestodaydow-jones-slides-as-enterprise-tech-and-retail-face-interest-rate-headwinds","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slides-as-enterprise-tech-and-retail-face-interest-rate-headwinds\/66667\/","title":{"rendered":"[DowJonesToday]Dow Jones Slides as Enterprise Tech and Retail Face Interest Rate Headwinds"},"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>255.72 (-0.48%)<\/strong> points today, currently trading at <strong>53,476.69<\/strong>. This downward momentum was echoed in the derivatives market, where <strong>Dow Futures (<a href=\"\/stock\/YM=F\">YM=F<\/a>)<\/strong> was down <strong>302.00 (-0.56%)<\/strong> points. The primary narrative driving the market lower is a dual concern over cooling enterprise technology spending and the persistent impact of high interest rates on the consumer discretionary and housing sectors.<\/p>\n<p>The technology and retail sectors bore the brunt of today&#39;s selling 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>. Similarly, <strong>Home Depot (<a href=\"\/stock\/HD\">HD<\/a>)<\/strong> was down <strong>2.14%<\/strong> to <strong>$303.85<\/strong>, reflecting investor anxiety regarding high borrowing costs for home improvements. Other notable decliners included <strong>Salesforce (<a href=\"\/stock\/CRM\">CRM<\/a>)<\/strong>, which was down <strong>1.64%<\/strong>, and <strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/MSFT\" data-internallinksmanager029f6b8e52c=\"18\" title=\"Stock: MSFT\">Microsoft<\/a> (<a href=\"\/stock\/MSFT\">MSFT<\/a>)<\/strong>, which was down <strong>0.95%<\/strong> as growth-oriented valuations faced renewed scrutiny.<\/p>\n<p>Despite the broader index decline, several industrial and defensive stocks showed significant strength. <strong>3M (<a href=\"\/stock\/MMM\">MMM<\/a>)<\/strong> led the gainers, as it was up <strong>3.70%<\/strong> to <strong>$148.62<\/strong> following positive legal developments. <strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> also remained resilient, up <strong>1.77%<\/strong> to <strong>$225.01<\/strong>, while healthcare giant <strong>Johnson &amp; Johnson (<a href=\"\/stock\/JNJ\">JNJ<\/a>)<\/strong> was up <strong>1.61%<\/strong>. Other stocks providing a hedge against the downturn included <strong>Cisco (<a href=\"\/stock\/CSCO\">CSCO<\/a>)<\/strong>, up <strong>1.33%<\/strong>, and <strong>UnitedHealth Group (<a href=\"\/stock\/UNH\">UNH<\/a>)<\/strong>, which was up <strong>1.00%<\/strong>.<\/p>\n<p>In the financial and consumer sectors, performance was mixed. <strong>Goldman Sachs (<a href=\"\/stock\/GS\">GS<\/a>)<\/strong> was up <strong>0.58%<\/strong>, while <strong>JPMorgan Chase (<a href=\"\/stock\/JPM\">JPM<\/a>)<\/strong> was down <strong>1.12%<\/strong>. Defensive staples like <strong>Walmart (<a href=\"\/stock\/WMT\">WMT<\/a>)<\/strong> and <strong>Coca-Cola (<a href=\"\/stock\/KO\">KO<\/a>)<\/strong> saw modest gains of <strong>0.47%<\/strong> and <strong>0.46%<\/strong>, respectively, as investors rotated into stable assets amidst the volatility.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (^DJI) was down 255.72 (-0.48%) points today, currently trading at 53,476.69. This downward momentum was [&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":[293,633,1773,3016,4350,17074],"class_list":["post-66667","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snippets-dow-jones","tag-ibm","tag-nvda","tag-mmm","tag-dji","tag-dow-jones","tag-stock-market-today"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/66667","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=66667"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/66667\/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=66667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=66667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=66667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}