{"id":71642,"date":"2026-09-10T14:09:33","date_gmt":"2026-09-10T18:09:33","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slumps-as-hot-inflation-data-dampens-rate-cut-hopes\/71642\/"},"modified":"2026-09-10T14:09:33","modified_gmt":"2026-09-10T18:09:33","slug":"dowjonestodaydow-jones-slumps-as-hot-inflation-data-dampens-rate-cut-hopes","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slumps-as-hot-inflation-data-dampens-rate-cut-hopes\/71642\/","title":{"rendered":"[DowJonesToday]Dow Jones Slumps as Hot Inflation Data Dampens Rate Cut Hopes"},"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>349.28 (-0.67%)<\/strong> points today, trading at <strong>52,031.38<\/strong>. This downward trend is reflected in <strong>Dow Futures (<a href=\"\/stock\/YM=F\">YM=F<\/a>)<\/strong>, which was down <strong>347.00 (-0.66%)<\/strong>. The dominant narrative stifling market momentum is the release of <strong>August\u2019s Consumer Price Index (CPI)<\/strong> data, which exceeded expectations. This hotter inflation reading has intensified concerns that the <strong>Federal Reserve<\/strong> will delay <strong>interest rate cuts<\/strong>, leading to a broad-based sell-off across the index as Treasury yields climbed higher.<\/p>\n<p>Leading the few gainers, 3M (<a href=\"\/stock\/MMM\">MMM<\/a>) was up <strong>3.70%<\/strong> to <strong>$148.62<\/strong> amid optimism surrounding its restructuring. Technology giant <a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>) also outperformed, up <strong>1.77%<\/strong> to <strong>$225.01<\/strong>, supported by continued appetite for <strong>artificial intelligence<\/strong> infrastructure. Defensive healthcare also saw inflows; Johnson &amp; Johnson (<a href=\"\/stock\/JNJ\">JNJ<\/a>) was up <strong>1.61%<\/strong> to <strong>$227.63<\/strong>, while Cisco Systems (<a href=\"\/stock\/CSCO\">CSCO<\/a>) was up <strong>1.33%<\/strong> to <strong>$100.48<\/strong>. UnitedHealth Group (<a href=\"\/stock\/UNH\">UNH<\/a>) and Boeing (<a href=\"\/stock\/BA\">BA<\/a>) were up <strong>1.00%<\/strong> and <strong>0.61%<\/strong> respectively.<\/p>\n<p>Conversely, IBM (<a href=\"\/stock\/IBM\">IBM<\/a>) was down <strong>2.42%<\/strong> to <strong>$213.40<\/strong> as investors pivoted from legacy tech. Home Depot (<a href=\"\/stock\/HD\">HD<\/a>) was down <strong>2.14%<\/strong> to <strong>$303.85<\/strong>, hit by fears that inflation will cool the <strong>real estate market<\/strong>. Software leader Salesforce (<a href=\"\/stock\/CRM\">CRM<\/a>) was down <strong>1.64%<\/strong> to <strong>$168.45<\/strong>, and Caterpillar (<a href=\"\/stock\/CAT\">CAT<\/a>) was down <strong>1.22%<\/strong> to <strong>$901.99<\/strong>. Financials also retreated, with American Express (<a href=\"\/stock\/AXP\">AXP<\/a>) down <strong>1.27%<\/strong> and JPMorgan Chase (<a href=\"\/stock\/JPM\">JPM<\/a>) down <strong>1.12%<\/strong> to <strong>$301.51<\/strong>, as yield volatility weighed on banking sentiment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (^DJI) was down 349.28 (-0.67%) points today, trading at 52,031.38. This downward trend is reflected [&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":[75,293,633,1773,3016,3712,3878,4223,4350],"class_list":["post-71642","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snippets-dow-jones","tag-crm","tag-ibm","tag-nvda","tag-mmm","tag-dji","tag-cpi","tag-hd","tag-inflation","tag-dow-jones"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/71642","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=71642"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/71642\/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=71642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=71642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=71642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}