The Dow Jones Industrial Average (DJIA) stocks have dropped by 0.70% in the stock market on July 24. Moreover, its competitors, the Nasdaq Composite and S&P 500, are thriving in the stock market after the tariff agreement was set at 15% instead of 30% in Europe. The relaxation in major stock companies has also been observed due to the US-Japan pact. However, the Dow Jones stocks have dropped significantly due to the fall in the IBM stock value. The Nasdaq Composite and S&P 500 have observed a 0.18% and 0.07% rise in the stock market on July 24. The major drop in the Dow Jones stocks has come from IBM, which has fallen by 7.62% in the stock market.
Top Tech Companies in the DJIA to watch today on July 25
The majority of the companies are facing a loss in their retail sales and on the stock market, as they are unable to overcome the tariffs. However, the major fall in IBM has caused a reversal in the earlier upward trend of the DJIA by 7.62%. In this article, we’ll discuss the stock performances of the major tech companies in the DJIA on July 24.
MICROSOFT CORP. (MSFT)
Microsoft Corp. is in an uncertain period since tariffs were imposed on major exporting countries. Moreover, it has been observed that a 0.99% rise in its stock value, which covers a portion of its losses. The analysts believe that investors can buy its stocks due to its returns and ability to recover soon.
APPLE INC. (AAPL)
Apple Inc. has been experiencing a decline in its stock for months, which has significantly affected its market capitalization. Therefore, investors are skeptical about buying its shares due to the fear of huge losses in the future. It has been observed that a 0.18% decline occurred in its stocks on July 24.
NVIDIA CORP. (NVDA)
NVIDIA Corporation is a chipmaking company that has contributed significantly to the DJIA’s growth prospects. Moreover, it was the runner-up on July 24 with a 1.17% rise in the stock market. The company has diligently delivered impressive stock performance in the past few months. Furthermore, its strategic gameplay has become its strength in the revolutionary tech world.
INTERNATIONAL BUSINESS MACHINES CORP. (IBM)
International Business Machines (IBM) Corp. has been on its tiptoes for a long time. Thus, the investors believe that its stocks are overbought due to its inability to give high returns. The latest close makes it clear as its stocks fell by 7.62% in the stock market. Moreover, the major fall caught the DJIA, along with it, which is facing a decline of 0.70% in its stocks.
VISA INC. CI A
Visa Inc. observed a 0.37% decline in its stock value on July 24. Moreover, the company has lost its stability and entered negative figures after heavy tariffs were imposed. Thus, investors are skeptical about whether they should invest in it or withdraw their shares.
Conclusion
The Dow Jones has been fluctuating due to policy changes in the countries, as well as in individual companies. Moreover, the stocks are delicately affected by the slightest change in a unit figure. Therefore, investors can only choose the one with higher returns and a possibility of not falling recklessly in situations.
