The Dow Industrials Have Tilted More Toward Financials

Since the Dow hit 40000 for the first time nearly two years ago, the index has grown heavier in financial stocks and trimmed back its exposure to the health-care sector. Much of this is due to the recent outperformance of financial stocks like Goldman Sachs and JPMorgan, and the relative underperformance of stocks like Merck and UnitedHealth. Two new stocks have come into the index—Nvidia and Sherwin-Williams—during the Dow’s "40-something" years.