{"id":71052,"date":"2026-08-28T11:09:08","date_gmt":"2026-08-28T15:09:08","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-gains-momentum-amid-cooling-inflation-data-3\/71052\/"},"modified":"2026-08-28T11:09:08","modified_gmt":"2026-08-28T15:09:08","slug":"dowjonestodaydow-jones-gains-momentum-amid-cooling-inflation-data-3","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-gains-momentum-amid-cooling-inflation-data-3\/71052\/","title":{"rendered":"[DowJonesToday]Dow Jones Gains Momentum Amid Cooling Inflation Data"},"content":{"rendered":"

The Dow Jones<\/a> Industrial Average (^DJI<\/a>)<\/strong> was up 180.41 (+0.3368%)<\/strong> points today, reaching a level of 53,749.85<\/strong>. Market sentiment turned positive following the release of the Personal Consumption Expenditures (PCE)<\/strong> price index, which is the Federal Reserve's preferred inflation gauge. The data indicated that inflationary pressures are continuing to moderate, fueling investor optimism that the Federal Reserve<\/strong> may maintain a path of interest rate cuts heading into the final quarter of the year. Dow Futures (YM=F<\/a>)<\/strong> mirrored this strength, and was up 158.00 (+0.2947%)<\/strong> points as traders reacted to the favorable economic backdrop.<\/p>\n

The primary narrative driving the market was this cooling economic data<\/strong>, which provided a boost to industrial and technology sectors. 3M Company (MMM<\/a>)<\/strong> led the blue-chip index, and was up 3.70%<\/strong> at $148.62<\/strong> following positive analyst revisions regarding its streamlined operations. Semiconductor giant Nvidia<\/a> (NVDA<\/a>)<\/strong> also saw significant buying interest, and was up 1.77%<\/strong> at $225.01<\/strong>, while healthcare leader Johnson & Johnson (JNJ<\/a>)<\/strong> was up 1.61%<\/strong> at $227.63<\/strong>. Other notable gainers included Cisco Systems (CSCO<\/a>)<\/strong>, which was up 1.33%<\/strong>, and UnitedHealth Group (UNH<\/a>)<\/strong>, which was up 1.00%<\/strong>.<\/p>\n

Conversely, some components faced headwinds despite the broader market rally. IBM (IBM<\/a>)<\/strong> was the biggest laggard, and was down 2.42%<\/strong> at $213.40<\/strong> as investors rotated out of mature tech holdings. Consumer-facing stocks also struggled, with Home Depot (HD<\/a>)<\/strong> down 2.14%<\/strong> at $303.85<\/strong> and Salesforce (CRM<\/a>)<\/strong> down 1.64%<\/strong>. Financial and industrial giants also saw some profit-taking; Caterpillar (CAT<\/a>)<\/strong> was down 1.22%<\/strong> and JPMorgan Chase (JPM<\/a>)<\/strong> was down 1.12%<\/strong>, as the market balanced optimism for lower rates against concerns over slowing consumer spending in the housing and retail sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Dow Jones Industrial Average (^DJI) was up 180.41 (+0.3368%) points today, reaching a level of 53,749.85. Market sentiment turned […]<\/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":[293,633,1773,3016,3749,3878,4223,4350,17074],"class_list":["post-71052","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snippets-dow-jones","tag-ibm","tag-nvda","tag-mmm","tag-dji","tag-pce","tag-hd","tag-inflation","tag-dow-jones","tag-stock-market-today"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/71052","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=71052"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/71052\/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=71052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=71052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=71052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}