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The Dow’s Gains for This Year Could Be Toast if These 3 Stocks Slump

www.barrons.com
The Dow’s Gains for This Year Could Be Toast if These 3 Stocks Slump

After Wednesday’s stock market slide, a look under the hood of the Dow Jones Industrial Average shows that the index’s advance so far this year, now about 3%, remains a narrowly fought battle. Just three stocks are effectively responsible for the gain, and if they falter, the index could drop into the red for 2018. On Wednesday, the Dow fell 831.83 points, or 3.1%, to 25598.74. Which companies in the venerable index have been the big winners and losers has actually changed little over the past three weeks. As of Wednesday’s close, Boeing (ticker: BA), UnitedHealth Group (UNH), and Apple (AAPL) had contributed 1,284.39 points to the index this year. How’s that, with the Dow up only 879.52 points