Apple Stock Soars Amid Dow Jones Slump
Apple's stock has been a beacon of strength amidst a weak market, while the Dow Jones Industrial Average (DJIA) has taken a significant tumble, down 2.80% to 38,047.78 points on Monday afternoon. The DJIA has lost 10.25% of its value since the start of 2025.
Apple's robust performance is a stark contrast to the broader market's struggles. Despite the overall market weakness, Apple's stock has shown strong resilience. Meanwhile, UnitedHealth has dropped by 5.66%, and NVIDIA has fallen by 5.46%, contributing to the DJIA's decline. These companies are among the biggest losers in the DJIA on Monday.
Analysts are divided in their outlook for the DJIA. Some predict a short-term correction, while others point to structural problems. The value of the companies included in the DJIA is now €14,599 billion. Goldman Sachs analysts expect only moderate gains for US equities in 2025, with the S&P 500 at 6,500 points by year-end. However, market speculations also suggest the DJIA could rapidly reach 50,000 points, highlighting the disparity in long-term optimism.
Apple's market capitalization stands at €2,569 billion, making it the largest portion of the DJIA. The DJIA has fallen from its earlier high of 39,745.58 points, with its year's high at 45,054.36 points and the year's low at 36,611.78 points. As the market continues to fluctuate, investors will be watching closely to see if Apple's strength can help pull the DJIA back up.
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