Executive Mosaic’s GovCon Index popped 1.06% to $4,747.52 and recovered from a broad market selloff. Only two GCI constituents closed lower. Wall Street’s major indexes also turned green on Valentine’s Day. The Nasdaq Composite (+1.30%) bounced back together with the S&P 500 (+0.96%) and Dow Jones Industrial Average (+0.40%).
Executive Mosaic’s GovCon Index dropped 1.15% to $4,697.07, ending its five-day winning streak. Wall Street was shellshocked by stubborn inflation causing the blue-chip Dow Jones Industrial Average (-1.35%) to shed 524.63 points. The S&P 500 (-1.37%) and Nasdaq Composite (-1.80%) plunged on widespread losses.
Executive Mosaic’s GovCon Index edged higher to $4,751.25 to keep its momentum going from last week. The Dow Jones Industrial Average (+0.33%) rose modestly but still posted a new all-time high. Both the S&P 500 (-0.09%) and Nasdaq Composite (-0.30%) slipped after Monday’s early rally fizzled.
Executive Mosaic’s GovCon Index popped 0.89% to $4,741.09 as bullish sentiment engulfs Wall Street. The benchmark S&P 500 Index closed above 5,000 for the first time, while the Nasdaq Composite gained 1.25% as 156 constituents posted new 52-week highs. Only the Dow Jones Industrial Average (-0.14%) slipped on Friday.
Executive Mosaic’s GovCon Index stayed positive and closed slightly higher at $4,699.42 (+0.06%). Wall Street’s major indexes had limited gains, although the benchmark S&P 500 Index (+0.06%) still posted a new record high. The Dow Jones Industrial Average (+0.13%) and Nasdaq Composite (+0.24%) held steady due to strong corporate earnings.
Executive Mosaic’s GovCon Index sustained momentum and rose 0.84% to $4,696.70 ($156.56 average). Wall Street had a good trading session as the S&P 500 (+0.82%) notched its eighth record close in 2024 and neared the 5,000 mark. The Dow Jones Industrial Average (+0.41%) and Nasdaq Composite (+0.95%) had solid gains.
Executive Mosaic’s GovCon Index advanced 0.90% to $4,657.29 and returned to positive territory, with one constituent notching a record gain. Wall Street’s major indexes recovered from Monday’s selloff but with small gains. The benchmark ten-year Treasury note fell to 4.09% from its 11-day high of 4.177% in the previous session.
Executive Mosaic’s GovCon Index slipped further to $4,615.41 (-0.77%) as investors’ confidence sank to start the week. Fed Chairman Jerome Powell confirmed on Sunday that no rate cut is coming in March. The Dow Jones Industrial Average (-0.71%), the S&P 500 (-0.32%) and the Nasdaq Composite (-0.20%) tumbled in unison.
Executive Mosaic’s GovCon Index slipped further to $4,615.41 (-0.77%) as investors’ confidence sank to start the week. Fed Chairman Jerome Powell confirmed on Sunday that no rate cut is coming in March. The Dow Jones Industrial Average (-0.71%), the S&P 500 (-0.32%), and the Nasdaq Composite (-0.20%) tumbled in unison.
Executive Mosaic’s GovCon Index dipped slightly from Thursday to end at $4,651.09 (-0.01%). However, the Dow Jones Industrial Average (+0.35%) and S&P 500 (+1.07%) set new records again, buoyed by solid job numbers in December. The Nasdaq Composite rose 1.74% thanks to the stellar gains of two tech giants.
