The Dow Jones Industrial Average (^DJI) was down 182.19 (-0.39%) points today, currently trading at 46,383.55. The dominant narrative driving the market was a cooling housing market, triggered by fresh economic data showing a slump in new construction and infrastructure demand. This bearish sentiment was echoed in Dow Futures (YM=F), which was down 239.00 (-0.51%) points to 46,567.00. Analysts point to the Federal Reserve's sustained high-rate environment as the primary catalyst for the mounting pressure on consumer-facing equities and cyclical sectors.
Leading the retreat, Sherwin-Williams (SHW) was down -2.89% to $316.11, while Home Depot (HD) was down -2.82% at $320.04. Global apparel giant Nike (NKE) was down -2.13% to $43.68, and Amgen (AMGN) was down -1.91% at $346.58. Industrial bellwether Caterpillar (CAT) also struggled, as it was down -1.60% to $718.35, reflecting growing concerns over slowing capital expenditures in the private sector.
On the positive side, investors rotated into resilient defensive names. IBM (IBM) was up 1.16% to $245.82, and Travelers (TRV) was up 1.14% at $293.82. UnitedHealth Group (UNH) was up 1.04% to $276.72, while Visa (V) was up 0.92% at $301.21. Other gainers included Coca-Cola (KO), up 0.80% to $76.70, and Cisco Systems (CSCO), which was up 0.74% at $78.48, as the market sought stability in enterprise technology and staples.
| PreMarket | Market Hours | AfterHours | ||||||
|---|---|---|---|---|---|---|---|---|
| symb | company | chg | volume | last | chg | volume | chg | volume |
Nvidia Corp | -2.7% | 126.6M | 177.37 | 0.9% | 126.6M | -0.0% | 126.6M | |
Microsoft Corp | -1.0% | 18.8M | 373.45 | 1.1% | 18.8M | -0.0% | 18.8M | |
Amazon.Com Inc | -2.4% | 27.1M | 209.69 | -0.4% | 27.1M | -0.0% | 27.1M | |
Apple Inc. | -0.9% | 21.3M | 255.98 | 0.1% | 21.3M | -0.1% | 21.3M | |
Nike, Inc. | -2.0% | 59.9M | 44.18 | -1.0% | 59.9M | -0.2% | 59.9M | |
Chevron Corporation | 2.6% | 10.3M | 198.93 | 0.8% | 10.3M | -0.0% | 10.3M | |
Salesforce, Inc. | -1.2% | 8.9M | 187.19 | 0.5% | 8.9M | -0.1% | 8.9M | |
UNITEDHEALTH GROUP INCORPORATED (Delaware) | -0.7% | 5.3M | 277.24 | 1.2% | 5.3M | -0.0% | 5.3M | |
JPMorgan Chase & Co. | -1.1% | 4.9M | 294.71 | -0.2% | 4.9M | -0.1% | 4.9M | |
Johnson & Johnson | 0.3% | 5.3M | 243.02 | -0.5% | 5.3M | -0.0% | 5.3M | |
Boeing Company | -2.1% | 5.9M | 208.29 | 0.5% | 5.9M | 0.0% | 5.9M | |
Goldman Sachs Group Inc. | -2.7% | 1.4M | 863.35 | 0.4% | 1.4M | -0.0% | 1.4M | |
Walmart Inc. Common Stock | 0.0% | 9.4M | 125.78 | 0.8% | 9.4M | -0.3% | 9.4M | |
VISA Inc. | -0.3% | 3.6M | 300.87 | 0.8% | 3.6M | -0.0% | 3.6M | |
Home Depot, Inc. | -1.7% | 3.2M | 321.65 | -2.4% | 3.2M | -0.0% | 3.2M | |
Caterpillar Inc. | -3.1% | 1.4M | 717.39 | -1.8% | 1.4M | 0.1% | 1.4M | |
Verizon Communications | 0.8% | 18.7M | 49.38 | -0.0% | 18.7M | 0.0% | 18.7M | |
Cisco Systems, Inc. Common Stock (DE) | 0.0% | 9.0M | 79.03 | 1.4% | 9.0M | -0.0% | 9.0M | |
McDonald's Corporation | -0.2% | 2.1M | 307.10 | -0.1% | 2.1M | 0.0% | 2.1M | |
Coca-Cola Company | 0.6% | 8.0M | 76.73 | 0.9% | 8.0M | -0.0% | 8.0M | |
Procter & Gamble Company | -0.2% | 4.1M | 143.12 | -0.7% | 4.1M | -0.0% | 4.1M | |
International Business Machines Corporation | -0.5% | 2.3M | 248.14 | 2.1% | 2.3M | -0.1% | 2.3M | |
Merck & Co., Inc. | -0.4% | 4.7M | 120.90 | 0.0% | 4.7M | 0.1% | 4.7M | |
American Express Company | -1.6% | 1.8M | 300.16 | -0.4% | 1.8M | 0.0% | 1.8M | |
The Walt Disney Company | -0.6% | 5.1M | 96.63 | 0.1% | 5.1M | -0.2% | 5.1M | |
Honeywell International, Inc. | 0.0% | 1.8M | 229.54 | 0.6% | 1.8M | -0.0% | 1.8M | |
Amgen Inc | -0.4% | 1.2M | 347.86 | -1.5% | 1.2M | 0.1% | 1.2M | |
The Sherwin-Williams Company | -1.8% | 1.3M | 317.70 | -2.5% | 1.3M | 0.1% | 1.3M | |
3M Company | -2.1% | 1.4M | 144.49 | -0.5% | 1.4M | 0.0% | 1.4M | |
The Travelers Companies, Inc. | 0.0% | 634.0K | 294.06 | 1.2% | 634.0K | 0.0% | 634.0K | |