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The Dow Is Doing Better Than Peers. This Stodgy Index Still Has Problems. 

The Dow Jones Industrial Average’s shortcomings have been its saving grace this year, but investors and analysts are wondering how long the good times can last. 

The blue-chip index has declined 8% this year, with a chunk of those losses coming Thursday after shares of UnitedHealth Group sharply dropped. In comparison, the S&P 500 and the Nasdaq Composite, which are mostly composed of large technology companies and other growth stocks, are down 10% and 16%, respectively. 

Relentless ba...

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