Major U.S. stock indexes are marching to new highs, despite getting little help from the S&P 500’s best-performing sector last year: health care. Health care is the worst-performing sector in the S&P 500 so far this year, with shares up 3.8% compared with the broader index’s 16% gain. That marks a stark contrast from last summer, when health-care stocks emerged as a market leader, helping push U.S. indexes to highs in the late summer and fall even as technology shares came under pressure.
Source: Wall Street Journal April 15, 2019 12:00 UTC