Published: Jan. 30, 2026 at 1:03 p.m. ET
The first month of 2026 has flown by. The S&P 500 has returned 1.9% this year through Thursday, with dividends reinvested. Here’s a breakdown of how the 11 sectors of the large-cap U.S. benchmark index have performed on the same basis:
The healthcare sector has been the second-worst performer in part because shares of UnitedHealth Group UNH fell 20% on Tuesday, after the company said it expected its revenue to decline, and because the Centers for Medicare & Medicaid Services proposed an increase in reimbursement rates of only 0.09% for 2027. Steve Goldstein and Jaimy Lee explained how CMS estimates tend to change before they are finalized.
