DJIA · WMTMT

open11:0512:4514:2016:00

5-minute bars · index reconstructed live from member prices

Breadth

15 / 30

stocks rose with the index

Concentration

100%+

of the gain from GS, MRK, NVDA

Biggest driver

GS +135

Goldman Sachs, +2.19%

Biggest drag

MCD −26

McDonald's, −1.63%

Context

63rd pctile

of the past year's sessions by daily move

What drove it

30 members · drivers first · 1D · residual 0.398bp within 1bp gate

The DJIA rose 0.30% (+160 pts) on the day, but 15 of 30 members went the other way. GS and MRK carried the tape higher, contributing more than the entire move.

Read the latest market-close note: Nvidia and Goldman Sachs Lead a Narrow Advance as Energy and Staples Slide

+297.7 pts from 15 gainers−140.0 pts from 15 losers

net +159.8 pts · gainers outweigh losers 2.1 to 1

Stock

Points

Return

DJIAsum of all 30 stocks

+159.8

+0.30%

GSGoldman Sachs

+135.1

+2.19%

MRKMerck

+34.4

+3.84%

NVDANvidia

+27.2

+2.19%

MSFTMicrosoft

+26.2

+0.90%

SHWSherwin-Williams

+21.9

+1.06%

IBMIBM

+18.6

+1.36%

VVisa

+9.5

+0.42%

HONHoneywell

+5.4

+0.42%

CSCOCisco

+5.2

+0.80%

DISDisney

+3.7

+0.57%

BABoeing

+3.6

+0.29%

HDHome Depot

+2.3

+0.12%

MMM3M

+2.2

+0.21%

JPMJPMorgan Chase

+1.8

+0.09%

JNJJohnson & Johnson

+0.5

+0.03%

CATCaterpillar

−0.4

−0.01%

KOCoca-Cola

−2.0

−0.37%

AAPLApple

−2.6

−0.14%

TRVTravelers

−5.3

−0.24%

AMZNAmazon

−6.0

−0.39%

GOOGLAlphabet

−6.5

−0.32%

WMTWalmart

−6.6

−1.04%

PGProcter & Gamble

−7.0

−0.80%

NKENike

−7.6

−3.14%

AXPAmerican Express

−8.3

−0.41%

AMGNAmgen

−9.5

−0.36%

UNHUnitedHealth

−13.0

−0.55%

CVXChevron

−18.9

−1.57%

CRMSalesforce

−19.9

−1.60%

MCDMcDonald's

−26.4

−1.63%

Price weighting, illustrated

Microsoft and Cisco moved almost identically (+0.90% vs +0.80%), yet MSFT moved the DJIA 5.0× as much. In a price-weighted index, a higher-priced share simply outvotes a cheaper one.

Attribution map

slicing the +160 pt move · cell size = points contributed · color = direction, intensity = return

GS+135.1 pts(+2.2%)

MRK+34.4 pts(+3.8%)

NVDA+27.2 pts(+2.2%)

MCD−26.4 pts(−1.6%)

MSFT+26.2 pts(+0.9%)

SHW+21.9 pts

CRM−19.9 pts(−1.6%)

CVX−18.9 pts(−1.6%)

IBM+18.6 pts

UNH−13.0 pts

V+9.5 pts(+0.4%)

AMGN−9.5 pts

AXP

NKE−7.6 pts

PG−7.0 pts

WMT

GOOGL−6.5 pts

AMZN−6.0 pts

HON

TRV

CSCO

DIS

AAPL

Concentration curve

cumulative share of the +160 pt move · sorted by contribution

When they drove it

cumulative points through the period

Breadth

member returns, this period

−4%−2%0%+2%

From −3.14% (NKE) to +3.84% (MRK). Equal-weight, the DJIA would be +0.06% vs the actual +0.30%; the gap is what price weighting did.

By sector

point contribution · sums to +160 pts

Financials5

+132.9

Information Technology6

+54.7

Materials1

+21.9

Health Care4

+12.5

Industrials4

+10.8

Communication Services2

−2.8

Consumer Staples3

−15.6

Energy1

−18.9

Consumer Discretionary4

−37.7

The year, session by session

every trading day of 2026 · hover for the move

JANFEBMARAPRMAYJUNJULAUG

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Dow Jones Industrial Average

What drove it

Attribution map

Concentration curve

When they drove it

Breadth

By sector

The year, session by session

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