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February 13 Market Report: Executive Mosaic’s GovCon Index Sinks, Top US Benchmarks Rally
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February 13 Market Report: Executive Mosaic’s GovCon Index Sinks, Top US Benchmarks Rally

Executive Mosaic’s GovCon Index suffered a third consecutive massive drop to close at $4,651.23 (-1.5%). However, the top three U.S. stock indexes rallied on better-than-expected producer price index and deceleration of core PPI last month. The tech-heavy Nasdaq Composite (+1.5%) led the charge on Wall Street. Facebook parent Meta (Nasdaq: META) edged 0.44% higher and...