The Dow Jones Industrial Average (DJIA) stocks are dependent on the policies of approximately 30 technical companies in it. Moreover, the stocks have been under pressure for 2 days due to heavy tariffs imposed by Trump on some major exporting countries. The DJIA and other stocks, including the NASDAQ Composite and the S&P 500, are facing losses as the tariffs have introduced new issues for the companies. However, the DJIA stocks are on the rise by 0.49% after two days of fall. This rise has covered a portion of the losses it incurred over the last five days. Additionally, almost half of the companies observed a positive trend in the recent close.
Top Tech Companies in DJIA to Watch on July 10
In this article, we’ll discuss the stock trend of the top tech companies of the DJIA stocks.
MICROSOFT CORPORATION (MIFT)
Microsoft Corporation is an asset of the DJIA stocks with the highest capitalization among all other companies. It contributes to the stock market through its investments in advanced AI technology and adaptability in the market. Moreover, it broke its 2-days streak of constant fall in the stocks. The company has observed a 1.39% rise in its stock value, covering the losses of the two days. It has shown its consistency and adaptability in the global market, even after enduring the heavy tariffs.
APPLE INC. (AAPL)
Apple is a leading tech company in the DJIA, which has contributed significantly to the level of its stock. It has been facing significant pressure due to the tariff policy imposed by the US. However, it is not compliant to give up on the situation by introducing new methods to skip the heavy tariff part. Moreover, the company observed a 0.54% rise in its stock value on July 10. Thus, it is trying to increase its sales and revenue after a major setback a few months ago.
NVIDIA CORPORATION (NVDA)
NVIDIA has acted as a backbone of the DJIA stocks on the close on July 10. It has raised its valuation to $4 trillion through its excellent planning in investments and projects. Furthermore, its progress has contributed to an increase in the DJIA stocks on July 10. It has observed a high of 1.80% in its stock value in the market. Moreover, the chip-making company is thriving in the market, with a considerable growth in its field.
INTERNATIONAL BUSINESS MACHINES CORP. (IBM)
IBM is a leading tech company in the DJIA, which is affected by the heavy tariffs imposed by Trump on exporting countries. It has been facing a downturn in the market for two days after Trump imposed Tariffs on countries like Japan. Moreover, the company fell by 0.10% in the DJIA stocks on July 10.
VISA INC. CI A
Visa is a consistent and reliable digital payment company that aims to simplify the payment process from home. It has been consistent and stable on the stock charts for a long time in the DJIA. Moreover, it has covered its losses from the previous close on July 10. It has observed an uptrend of 0.91% in the stocks of the DJIA.
Conclusion
Therefore, half of the companies have covered their losses from the previous close on July 10. NVIDIA Corporation and Boeing Co. have contributed to the rise of the DJIA stocks today with their strategic investment planning.
