October 10 Market Report: Executive Mosaic’s GovCon Index Falls Sharply, Wall Street Tilts Lower

Executive Mosaic’s GovCon Index fell 1.06% to $5,426.99 following a selloff. The Dow Jones Industrial Average (-0.14%), S&P 500 (-0.21%) and Nasdaq Composite (-0.05%) ended lower on moderate losses. The latest consumer price index reading shows that inflation is slowing, but the fight isn’t over.