DJIA stocks, along with many other stocks, have faced a downfall due to the sudden imposition of heavy tariffs by the US. The companies are trying to find ways to accelerate their stagnant sales and revenues. For all the stocks, this week was a tough one, as their companies are suffering due to the change in global policies. On July 14, the DJIA stocks fell by 0.63% in the stock market due to tariff pressure. The majority of the companies are observing a loss in their stock value, except for a few, such as NVIDIA and Microsoft.
Top DJIA Tech Stocks to Watch on July 14
As mentioned earlier, most companies are under Tariff pressure, as it directly impacts their sales and revenue. Moreover, a few companies like NVIDIA, Microsoft, and UnitedHealth Group have observed a rise. Let us discuss the top tech companies on DJIA and understand their trend and performance in the stock market on July 14.
MICROSOFT CORPORATION (MSFT)
Microsoft is undeniably an asset for the DJIA stocks due to its consistent and competitive nature in the tech industry. Moreover, it has been effective in dealing with sudden policy changes in the world. The tariff barriers affected it in its initial days, and its stock value went down constantly. However, it has observed a rise of 0.37%, which has brought it into a positive trend. Furthermore, the last 5-day performance of Microsoft is positive with a 1.13% rise in total.
NVIDIA CORPORATION (NVDA)
NVIDIA Corp. has been performing incredibly well in the stock market and in its revenues. It has secured its place among the top tech companies of the DJIA this year and is delivering good results in the DJIA. Moreover, it has observed a rise of 0.50%, despite being burdened by the tariff policies imposed by the US. The chipmaking company is outperforming many companies in the technological field with its deals and advancements in AI and technology.
APPLE INC. (AAPL)
Apple has had a tough time since the major downfall of the DJIA stocks in May. Most problems began when Trump imposed 45% tariffs on Chinese imports, which affected its sales and revenue. However, it has made considerable progress in the stock market and sales since then. As the US has imposed heavy tariffs on many more countries, most companies are finding themselves in difficulty, including Apple. It has observed a loss of 0.59%, according to the latest stock close at MarketWatch.
INTERNATIONAL BUSINESS MACHINES CORP. (IBM)
IBM is a reputable tech company in the DJIA, which delivers appreciable returns to the investors. However, after the imposition of tariffs by the US, it has observed a constant fall in the stock market. Furthermore, it has fallen by 1.34% in the market, according to the latest close in the stock.
VISA INC. CI A
Visa is an appreciable and effective company that is thriving in the digital payments field. It has had consistent and promising returns and growth from the beginning. However, it has been observing a fall in the stock market due to changes in tariff policies by the US. It had a major fall of 2.23%, according to the last close. Moreover, for a week, Visa has experienced a constant loss in its revenue.
Conclusion
The DJIA stocks are immersed in the burden of tariffs, but so are others. Its competitors, the NASDAQ Composite and the S&P 500, are also experiencing a constant fall in the stock market.
