The Dow Jones Industrial Average (DJIA) stocks have been fluctuating in the stock market due to the excessive tariff burden. Other competitors, such as the Nasdaq Composite and the S&P 500, are on the rise, according to recent reports. Moreover, the investors seem not to worry about the tariffs right now, which has accelerated growth in the stocks. The DJIA stocks are unresponsive to the changes in the investments and the market trends. This is the reason that on July 18, its stocks were still declining by 0.32% in the stock market. The Nasdaq Composite observed an increase of 0.05% in its stock value, while the S&P 500 faced a decline of 0.01%. The current trend will be observed after today’s stock close, which will show the position of the DJIA stocks.
Top Tech Companies to Watch Today in the DJIA Stocks
The majority of the companies in the DJIA have faced a decline in the stock market on July 18. Moreover, these companies are trying to cope with the tariffs and thus are behind the market trend. In this article, we’ll look at the stock performances of the top tech companies of the DJIA on July 18.
MICROSOFT CORP. (MSFT)
Microsoft Corp. has performed well in the past few weeks and has tried to balance the tariff fluctuations well. Moreover, the company has built a good reputation in the market, due to which the investors are loyal to it. On July 18, the company faced a decline of 0.32% in its stock value. However, it is expected to cover the losses soon after tackling the tariffs and market trends.
APPLE INC. (AAPL)
Apple Inc. has faced a lot of challenges and losses in the past few months after the US imposed heavy tariffs on China. Moreover, the company has been delivering average results in the stock market and its retail sector. On July 18, the company observed an increase of 0.55% in its stock value, contributing stability to the decreasing rate of the DJIA. However, the investors believe that the stocks of the company are overbought due to its uncertain stock performance.
NVIDIA CORP. (NVDA)
NVIDIA Corp. is an asset of the Dow Jones Industrial Average (DJIA) stocks, as it has delivered incredible performance in the stock market. After tariff imposition, this company has contributed a lot to stabilizing the DJIA capitalization. Moreover, it has reached new heights in the chipmaking industry with its recent deals and increase in retail sales. It has observed a decline of 0.34% in the stock market as of July 18. However, it is quite common in stocks to have ups and downs now and then.
INTERNATIONAL BUSINESS MACHINES CORP. (IBM)
IBM has faced a lot of fluctuations after the tariffs were imposed on major countries of the world. Moreover, it is considered an overbought company due to its limited contributions in recent times. On July 18, it observed an increase of 1.37% in the stock market after weeks of decline. Investors are determined to wait for the company to rise in the market, as they see its growth potential.
VISA INC. CI A
Visa Inc. is falling behind the other companies after the tariff burden was imposed on it. Moreover, it always delivered stable returns in the stock market before it. However, after its continuous fall in the market, it is considered an overbought company with a lot of potential. It has observed a decline of 0.22% in its stock value, as of July 18.
Conclusion
The Fed doesn’t look on the terms to reducing the interest rates soon due to thriving market trends. Therefore, the investors have started to invest in the companies regardless of the tariffs and the interest rates. Thus, it has contributed to the economy, which was stagnant for a while.
