{"id":71071,"date":"2026-08-28T17:09:09","date_gmt":"2026-08-28T21:09:09","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-flatlines-as-investors-weigh-inflation-data-against-tech-resilience\/71071\/"},"modified":"2026-08-28T17:09:09","modified_gmt":"2026-08-28T21:09:09","slug":"dowjonestodaydow-jones-flatlines-as-investors-weigh-inflation-data-against-tech-resilience","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-flatlines-as-investors-weigh-inflation-data-against-tech-resilience\/71071\/","title":{"rendered":"[DowJonesToday]Dow Jones Flatlines as Investors Weigh Inflation Data Against Tech Resilience"},"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 (^DJI)<\/strong> was down <strong>9.45 (-0.0176%)<\/strong> points today, closing at <strong>53,559.99<\/strong>, as the market grappled with the latest <strong>Personal Consumption Expenditures (PCE) price index<\/strong> report. This key inflation metric, released on <strong>Friday, August 28th, 2026<\/strong>, showed prices rising at a steady <strong>2.4% annual pace<\/strong>, meeting economist expectations but offering little immediate incentive for the <strong>Federal Reserve<\/strong> to accelerate interest rate cuts. The narrative of &quot;higher for longer&quot; remains a persistent headwind for blue-chip equities, resulting in a cautious trading session with <strong>Dow Futures (YM=F)<\/strong> also slipping <strong>33.00 (-0.0615%)<\/strong> points.<\/p>\n<p>Leading the gainers was <strong>3M (MMM)<\/strong>, which surged <strong>3.70%<\/strong> to <strong>$148.62<\/strong> following a positive settlement update regarding its legacy legal liabilities. Technology giant <strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">NVDA<\/a>)<\/strong> rose <strong>1.77%<\/strong> to <strong>$225.01<\/strong>, buoyed by continued demand for AI infrastructure, while <strong>Johnson &amp; Johnson (JNJ)<\/strong> climbed <strong>1.61%<\/strong> to <strong>$227.63<\/strong>. Other notable performers included <strong>Cisco (CSCO)<\/strong> and <strong>UnitedHealth Group (UNH)<\/strong>, which gained <strong>1.33%<\/strong> and <strong>1.00%<\/strong> respectively, as defensive sectors saw renewed interest amid broader market uncertainty.<\/p>\n<p>Conversely, <strong>IBM (IBM)<\/strong> was the day\u2019s biggest laggard, tumbling <strong>2.42%<\/strong> to <strong>$213.40<\/strong> after a cautious outlook on enterprise software spending. Consumer-facing stocks also faced pressure, with <strong>Home Depot (HD)<\/strong> dropping <strong>2.14%<\/strong> to <strong>$303.85<\/strong> and <strong>Salesforce (CRM)<\/strong> falling <strong>1.64%<\/strong> to <strong>$168.45<\/strong>. Financial heavyweights were not immune to the volatility; <strong>JPMorgan Chase (JPM)<\/strong> fell <strong>1.12%<\/strong> to <strong>$301.51<\/strong>, and <strong>American Express (AXP)<\/strong> shed <strong>1.27%<\/strong> to close at <strong>$310.29<\/strong>, reflecting concerns that high borrowing costs may finally be dampening consumer credit health.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (^DJI) was down 9.45 (-0.0176%) points today, closing at 53,559.99, as the market grappled with 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