{"id":74032,"date":"2026-11-02T17:09:19","date_gmt":"2026-11-02T21:09:19","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-rises-as-industrial-strength-offsets-tech-and-retail-weakness\/74032\/"},"modified":"2026-11-02T17:09:19","modified_gmt":"2026-11-02T21:09:19","slug":"dowjonestodaydow-jones-rises-as-industrial-strength-offsets-tech-and-retail-weakness","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-rises-as-industrial-strength-offsets-tech-and-retail-weakness\/74032\/","title":{"rendered":"[DowJonesToday]Dow Jones Rises as Industrial Strength Offsets Tech and Retail Weakness"},"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 up <strong>213.67 (0.41%)<\/strong> points today, closing at <strong>51,983.98<\/strong>. This positive momentum was mirrored in the derivatives market, where <strong>Dow Futures (YM=F)<\/strong> was up <strong>225.00 (0.43%)<\/strong> points. The primary narrative driving the market on this <strong>Monday, November 2nd, 2026<\/strong>, was a stronger-than-expected <strong>ISM Manufacturing report<\/strong>, which signaled robust industrial expansion. This economic data reassured investors that the domestic economy remains resilient despite high borrowing costs, shifting the market focus toward industrial growth and away from recent volatility in the labor market.<\/p>\n<p>Leading the charge for the blue-chip index, <strong>3M (<a href=\"\/stock\/MMM\">MMM<\/a>)<\/strong> surged <strong>3.70%<\/strong> to close at <strong>$148.62<\/strong> following a favorable legal settlement update. Technology and healthcare also provided significant support; <strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> rose <strong>1.77%<\/strong> to <strong>$225.01<\/strong>, while <strong>Johnson &amp; Johnson (<a href=\"\/stock\/JNJ\">JNJ<\/a>)<\/strong> gained <strong>1.61%<\/strong> to reach <strong>$227.63<\/strong>. Other notable performers included <strong>Cisco Systems (<a href=\"\/stock\/CSCO\">CSCO<\/a>)<\/strong>, which climbed <strong>1.33%<\/strong> to <strong>$100.48<\/strong>, and <strong>UnitedHealth Group (<a href=\"\/stock\/UNH\">UNH<\/a>)<\/strong>, which added <strong>1.00%<\/strong> to finish at <strong>$399.64<\/strong>. These gains reflect a broad-based appetite for high-quality value stocks and dominant infrastructure players.<\/p>\n<p>Conversely, <strong>IBM (<a href=\"\/stock\/IBM\">IBM<\/a>)<\/strong> was the day&#39;s biggest laggard, falling <strong>2.42%<\/strong> to <strong>$213.40<\/strong> amid concerns over slowing cloud revenue growth. Consumer-facing and software firms also struggled, with <strong>Home Depot (<a href=\"\/stock\/HD\">HD<\/a>)<\/strong> dropping <strong>2.14%<\/strong> to <strong>$303.85<\/strong> and <strong>Salesforce (<a href=\"\/stock\/CRM\">CRM<\/a>)<\/strong> declining <strong>1.64%<\/strong> to <strong>$168.45<\/strong>. Financial heavyweights faced pressure as well; <strong>American Express (<a href=\"\/stock\/AXP\">AXP<\/a>)<\/strong> fell <strong>1.27%<\/strong> and <strong>JPMorgan Chase (<a href=\"\/stock\/JPM\">JPM<\/a>)<\/strong> shed <strong>1.12%<\/strong>. This divergence suggests that while the broader index remains robust, specific sectors like retail and enterprise software are navigating a more challenging high-interest-rate environment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (^DJI) was up 213.67 (0.41%) points today, closing at 51,983.98. This positive momentum was mirrored [&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":[293,633,1773,4350,4380,17304],"class_list":["post-74032","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snippets-dow-jones","tag-ibm","tag-nvda","tag-mmm","tag-dow-jones","tag-stock-market","tag-17304"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/74032","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=74032"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/74032\/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=74032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=74032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=74032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}