Executive Mosaic’s GovCon Index bucked the tech slump, gaining 1.51% to a new record close of $5,183.98. The Nasdaq Composite (-0.93%) and S&P 500 (-0.51%) extended their losses, while the blue-chip Dow Jones Industrial Average (+0.20%) inched higher. AI stocks are trending down ahead of critical inflation data due Friday.
Executive Mosaic’s GovCon Index reversed course after two positive days, falling 1.52% to $5,105.57. Big-tech names, particularly the Magnificent 7, sent the Nasdaq Composite (-3.64%) crashing on Wednesday. The benchmark S&P 500 Index (-2.31%) also went into a tailspin, while the blue-chip Dow Jones Industrial Average (-1.25%) shed 504 points.
Executive Mosaic’s GovCon Index finished strong for the second straight day, rising 1.39% to $5,183.03, a new record close. Wall Street turned red on mild losses. The Dow Jones Industrial Average (-0.14%), S&P 500 (-0.16%) and the Nasdaq Composite (-0.06%) pause their record runs, although momentum remains.
Executive Mosaic’s GovCon Index rose 1.12% to $5,111.02 for its second-best start to a week. Wall Street was all green as the Nasdaq Composite (+1.58%) and S&P 500 (+1.08%) posted significant gains. The Dow Jones Industrial Average (+0.32%) ticked higher.
Executive Mosaic’s GovCon Index registered a third straight daily loss, sliding 0.66% to $5,083.86. Wall Street’s major exchanges lost steam towards week’s end, with the blue-chip Dow Jones Industrial Average (-0.93%) shedding almost 380 points. The S&P 500 (-0.71%) and Nasdaq Composite (-0.81%) declined as rotation from tech stocks intensified.
Executive Mosaic’s GovCon Index posted a modest loss for the second straight day, closing at $5,087.07 (-0.17%). Wall Street flashed red due to a broader market selloff. The Dow Jones Industrial Average shed 533 points (-1.29%), while the S&P 500 (-0.78%) and Nasdaq Composite (-0.70%) dropped sharply.
Executive Mosaic’s GovCon Index ended its five-day winning streak, sliding 0.19% to $5,095.82. The Nasdaq Composite (-2.77%) had its worst day, while the S&P 500 (-1.39%) dropped sharply. Only the Dow Jones Industrial Average (+0.59%) survived the tech selloff and posted a third straight record close.
Executive Mosaic’s GovCon Index had its best day Tuesday, advancing 2% to $5,105.25. The index, which tracks the stock performances of 30 major government contractors, also marked its highest close since its introduction in December 2023. Wall Street saw the Dow Jones Industrial Average and S&P 500 set new records.
Executive Mosaic’s GovCon Index stretched its winning streak to three trading sessions, rising 0.58% to $4,982.68. Wall Street’s three major stock indexes had nearly identical gains Friday. The Dow Jones Industrial Average (+0.62%) hit a new all-time high in intraday trading, then settled at 40,000.90 points.
Executive Mosaic’s GovCon Index rose 0.41% to $5,003.20 for its fourth straight daily gain since mid-week last week. Wall Street was steady to start the week following an assassination attempt on a former POTUS during a rally Saturday. The blue-chip Dow Jones Industrial Average finished at a new all-time high.
