{"id":73439,"date":"2026-10-22T11:09:08","date_gmt":"2026-10-22T15:09:08","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slumps-as-tech-and-retail-giants-face-headwinds-3\/73439\/"},"modified":"2026-10-22T11:09:08","modified_gmt":"2026-10-22T15:09:08","slug":"dowjonestodaydow-jones-slumps-as-tech-and-retail-giants-face-headwinds-3","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slumps-as-tech-and-retail-giants-face-headwinds-3\/73439\/","title":{"rendered":"[DowJonesToday]Dow Jones Slumps as Tech and Retail Giants Face 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>202.23 (-0.38%)<\/strong> points today, currently trading at <strong>52,653.86<\/strong>. Market sentiment was weighed down by a combination of disappointing corporate earnings and a cautious outlook on consumer spending. <strong>Dow Futures (<a href=\"\/stock\/YM=F\">YM=F<\/a>)<\/strong> also signaled broader pressure, as they were down <strong>237.00 (-0.45%)<\/strong> points. The primary narrative driving the <a href=\"https:\/\/stockmarketwatch.com\/live\/stock-market-today\" data-internallinksmanager029f6b8e52c=\"6\" title=\"Stock Market Today\">market today<\/a> is the reaction to mixed quarterly results from blue-chip components, specifically within the technology and home improvement sectors, which overshadowed pockets of strength in manufacturing and semiconductors.<\/p>\n<p>The biggest laggard in the price-weighted index was <strong>IBM (<a href=\"\/stock\/IBM\">IBM<\/a>)<\/strong>, which was down <strong>2.42%<\/strong> to <strong>$213.40<\/strong> following concerns over its latest growth guidance. Similarly, <strong>Home Depot (<a href=\"\/stock\/HD\">HD<\/a>)<\/strong> saw significant selling pressure, as it was down <strong>2.14%<\/strong> to <strong>$303.85<\/strong>, reflecting broader anxieties regarding high interest rates impacting the housing market. Other notable decliners included <strong>Salesforce (<a href=\"\/stock\/CRM\">CRM<\/a>)<\/strong>, down <strong>1.64%<\/strong>, and <strong>American Express (<a href=\"\/stock\/AXP\">AXP<\/a>)<\/strong>, which was down <strong>1.27%<\/strong> as investors rotated out of high-valuation growth and financial names.<\/p>\n<p>Conversely, <strong>3M Company (<a href=\"\/stock\/MMM\">MMM<\/a>)<\/strong> emerged as the top performer, as it was up <strong>3.70%<\/strong> to <strong>$148.62<\/strong> following a positive earnings surprise and improved margin outlook. The semiconductor space remained a bright spot, with <strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> up <strong>1.77%<\/strong> to <strong>$225.01<\/strong>, buoyed by continued artificial intelligence demand. Defensive stocks also provided some support to the index; <strong>Johnson &amp; Johnson (<a href=\"\/stock\/JNJ\">JNJ<\/a>)<\/strong> was up <strong>1.61%<\/strong> and <strong>Cisco Systems (<a href=\"\/stock\/CSCO\">CSCO<\/a>)<\/strong> was up <strong>1.33%<\/strong>, as traders sought stability amidst the volatility in the broader tech sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (^DJI) was down 202.23 (-0.38%) points today, currently trading at 52,653.86. Market sentiment was weighed [&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":[293,633,1773,1975,3016,3878,4350,17074],"class_list":["post-73439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snippets-dow-jones","tag-ibm","tag-nvda","tag-mmm","tag-market-analysis","tag-dji","tag-hd","tag-dow-jones","tag-stock-market-today"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/73439","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=73439"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/73439\/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=73439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=73439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=73439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}