The Dow Jones Industrial Average (DJIA) stocks have maintained their positive streak, according to recent records in the stock market. Moreover, all the major US stocks experienced a rise in the stocks as of July 25. The S&P 500 maintained its 5-day streak by showing a positive trend of 0.40% in its stock. On the other hand, the Nasdaq Composite Index showed the least but positive response of 0.24% in the stock market. The companies are showing a better response after the US-Japan pact, while Japan is worried due to the US deal with Europe. Moreover, the tariffs, which are yet to be imposed from August 1, might crash the stock market due to pressure.
The Dow Jones Stocks closed at their highest on July 25 with a rise of 0.47% in the stock market. The majority of the companies out of the 30 companies in the DJIA experienced a rise in the stock market.
Top Tech Companies in the DJIA to watch on July 28
As mentioned above, most companies in the DJIA had a rise in their stocks on the close of July 25. Moreover, among these companies, the Goldman Sachs Group landed the highest rise of 1.36% on the DJIA stock chart. Verizon Communications Inc. was consistent in the stock market with no significant growth or loss on July 25. Furthermore, the lowest stock was Johnson & Johnson, which faced a decline of 0.74% in its stock.
MICROSOFT CORP. (MSFT)
The US-Japan deal’s benefits are extracted by many companies in the enhancement of their stocks and sales. Microsoft has used the deal as the ladder of its growth in the stock market for a few closes. Moreover, it experienced a 0.55% rise in the stock market by the close of July 25.
APPLE INC. (AAPL)
Apple Inc. has found a rail of its track after weeks of consistent decline in the stock market. Moreover, the company has utilized the US-Japan deal benefits to pave the way for its retail sales. It experienced a 0.06% rise in the stock market after weeks of a negative trend in its stock.
NVIDIA CORP. (NVDA)
NVIDIA Corp. has lost its week-long streak as the rising star in the DJIA stocks. Moreover, it has turned its path to the negative at the previous close on July 25. It experienced a 0.14% decline in the stock market after contributing extensively to the DJIA stocks.
INTERNATIONAL BUSINESS MACHINES CORP. (IBM)
IBM has not been performing up-to-the-mark in the stock market and has additionally depleted the market capitalization of the DJIA. After the US imposed the tariffs, the company lost its balance in the retail sales of its services and products. Moreover, it experienced a 0.30% decline in its stock as of July 25.
VISA INC. CI A
After weeks of consistent decline in its stock, Visa Inc. has stabilized its footing in the stock market. The tariffs adversely impacted the retail sales and stocks of the company, due to which it has been falling steadily in the market. Moreover, it experienced a 0.87% rise in the stock market as of July 25.
Conclusion
The companies have benefited from the US-Japan pact and Europe’s deal with the US. However, what they are unsure of is how the market will respond when the tariffs are imposed on August 1. Additionally, the US President has been giving indications to fire the Fed Chair, Powell, for his inability to handle the affairs. It has also put the companies under stress, as it can lead to severe consequences in policy-making.
