{"id":71043,"date":"2026-08-28T09:09:07","date_gmt":"2026-08-28T13:09:07","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-industrial-average-climbs-as-inflation-data-bolsters-soft-landing-hopes\/71043\/"},"modified":"2026-08-28T09:09:07","modified_gmt":"2026-08-28T13:09:07","slug":"dowjonestodaydow-jones-industrial-average-climbs-as-inflation-data-bolsters-soft-landing-hopes","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-industrial-average-climbs-as-inflation-data-bolsters-soft-landing-hopes\/71043\/","title":{"rendered":"[DowJonesToday]Dow Jones Industrial Average Climbs as Inflation Data Bolsters Soft Landing Hopes"},"content":{"rendered":"

The Dow Jones<\/a> Industrial Average<\/strong> showed resilience during Friday\u2019s session, as Dow Futures (YM=F)<\/strong> was up 95.00 (0.1772%)<\/strong> points today. The primary narrative driving market sentiment on Friday, August 28th, 2026<\/strong>, was the release of the Personal Consumption Expenditures (PCE) price index<\/strong>, the Federal Reserve's preferred inflation gauge. The data indicated that inflationary pressures continue to cool toward the 2% target<\/strong>, fueling investor optimism that the central bank can maintain a path of gradual interest rate normalization without triggering a recession. This "Goldilocks" scenario of moderating prices and steady economic growth provided a supportive backdrop for blue-chip equities.<\/p>\n

Leading the gainers today was 3M<\/strong> (MMM<\/a>), which was up 3.70%<\/strong> to $148.62<\/strong> following a positive analyst upgrade citing improved legal clarity and operational efficiency. Technology and healthcare sectors also provided significant support, with Nvidia<\/a><\/strong> (NVDA<\/a>) gaining 1.77%<\/strong> to $225.01<\/strong> as demand for AI infrastructure remains robust. Other notable performers included Johnson & Johnson<\/strong> (JNJ<\/a>), which was up 1.61%<\/strong> at $227.63<\/strong>, and Cisco Systems<\/strong> (CSCO<\/a>), which rose 1.33%<\/strong> to $100.48<\/strong>. These gains helped offset broader volatility in the retail and financial sectors.<\/p>\n

Conversely, some industrial and consumer-facing stocks faced headwinds. IBM<\/strong> (IBM<\/a>) was the biggest laggard, down 2.42%<\/strong> to $213.40<\/strong> after a cautious outlook on enterprise software spending. Home Depot<\/strong> (HD<\/a>) also struggled, falling 2.14%<\/strong> to $303.85<\/strong> as investors weighed the impact of a cooling housing market on home improvement demand. Additionally, Salesforce<\/strong> (CRM<\/a>) was down 1.64%<\/strong> to $168.45<\/strong>, and Sherwin-Williams<\/strong> (SHW<\/a>) shed 1.36%<\/strong> to trade at $307.61<\/strong>. Despite these individual losses, the broader index remained in positive territory as the cooling inflation narrative dominated the day's trading activity.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Dow Jones Industrial Average showed resilience during Friday\u2019s session, as Dow Futures (YM=F) was up 95.00 (0.1772%) points today. […]<\/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":[293,633,1773,3749,3878,4223,4350,17074,18149],"class_list":["post-71043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snippets-dow-jones","tag-ibm","tag-nvda","tag-mmm","tag-pce","tag-hd","tag-inflation","tag-dow-jones","tag-stock-market-today","tag-pce-report"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/71043","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=71043"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/71043\/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=71043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=71043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=71043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}