Executive Mosaic’s GovCon Index turned positive, ending slightly higher at $5,442.94 (+0.11%). Wall Street fell into red territory, with the Dow Jones Industrial Average (-0.44%) shedding almost 185 points. The broader S&P 500 Index (-0.17%) slipped, while the Nasdaq Composite (-0.04%) tilted lower.
Author:
October 2 Market Report: Executive Mosaic’s GovCon Index Retreats, Major Indexes Up on Narrow Gains
Executive Mosaic’s GovCon Index retreats mid-week, closing 0.23% lower at $5,436.84. Escalating Middle East tensions continue to hound Wall Street, although the blue-chip Dow Jones Industrial Average (+0.09%), the tech-heavy Nasdaq Composite (+0.08%), and broader S&P 500 Index (+0.01%) ended positive on narrow gains.
September 30 Market Report: Executive Mosaic’s GovCon Index and Wall Street End Positive
Executive Mosaic’s GovCon Index started the week on a positive note, advancing 0.54% to $5,369.95. Wall Street’s major stock indexes were all green, with the S&P 500 (+0.42%) and the Dow Jones Industrial Average (+0.04%) closing September with fresh records. The tech-heavy Nasdaq Composite (+0.38%) edged higher.
September 25 Market Report: Executive Mosaic’s GovCon Index Retreats, Wall Street Rally Ends Steam
Executive Mosaic’s GovCon Index extended its losses, declining 0.29% to $5,319.05. The Dow Jones Industrial Average (-0.70%) shed more than 290 points, while the S&P 500 (-0.19%) fell from its record high. A mild tech rally kept the Nasdaq Composite (+0.04%) afloat.
September 24 Market Report: Executive Mosaic’s GovCon Index Skids, Wall Street Keeps Gains
Executive Mosaic’s GovCon Index gave up Monday’s substantial gains, dropping 0.56% to $5,334.31. Wall Street’s major U.S. stock indexes recorded back-to-back daily gains, led by the Nasdaq Composite with +1.56%. The Dow Jones Industrial Average (+0.20%) and S&P 500 (+0.25%) finished higher.
September 23 Market Report: Executive Mosaic’s GovCon Index Outperforms, Wall Street Posts Modest Gains
Executive Mosaic’s GovCon Index outperformed to start the week, rising 1.31% to $5,364.20. The blue-chip Dow Jones Industrial Average (+0.15%) and tech-heavy Nasdaq Composite (+0.14%) inched higher, while the broader S&P 500 Index (+0.28%) registered a new closing high. Two Fed officials favor more rate cuts.
September 20 Market Report: Executive Mosaic’s GovCon Index Settles Higher, Wall Street Calm
Executive Mosaic’s GovCon Index ended positive, settling higher at $5,293.78 (+0.47%). It was a strong week for Wall Street due to the rate cut, although the Nasdaq Composite (-0.36%) and S&P 500 (-0.19%) closed lower. The Dow Jones Industrial Average (+0.09%) hit a new record high despite a tiny gain.
September 19 Market Report: Executive Mosaic’s GovCon Index Rises, US and Global Markets Rally
Executive Mosaic’s GovCon Index rose 0.92% to $5,268.96, snapping its two-day losing streak. Global markets and investors digested the US’s oversized rate cut, resulting in sharp rallies. The blue-chip Dow Jones Industrial Average (+1.26%) and S&P 500 (+1.70%) closed at new all-time highs, while the tech-heavy Nasdaq Composite surged 2.51%.
September 9 Market Report: Executive Mosaic’s GovCon Index Rebounds, Wall Street Ends Positive
Executive Mosaic’s GovCon Index finished in positive territory Monday, rising 1.35% to $5,201.87. Major U.S. stock exchanges turned green following steep losses on Friday. The Dow Jones Industrial Average gained 1.2%, or nearly 485 points, while the S&P 500 and Nasdaq Composite advanced by an identical 1.6%.
Leidos Partners With Permion on AI Use in National Security
Leidos and Permion will work to accelerate the use of artificial intelligence in critical national security mission sets under a strategic collaboration. The collaboration will involve the use of Permion's X-Machines Instruction Set Architecture and Leidos' technology capabilities. The XVM-ISA platform will improve applications and capabilities that can be deployed on the tactical edge, on-premises or in the cloud, Leidos said Monday.