Executive Mosaic’s GovCon Index closed 0.25% higher at $5,051.61, registering its fourth straight daily gain. The blue-chip Dow Jones Industrial Average (+0.34%) ended above 40,000 for the first time in 139 years, while the S&P 500 (+0.12%) inched higher. Only the Nasdaq Composite (-0.07%) turned red before the weekend.
Category: Contract Awards
May 15 Market Report: Executive Mosaic’s GovCon Index Clings to Gain, Cooler Inflation Lifts US Stock Indexes
Executive Mosaic’s GovCon Index stayed positive, rising 0.19% to $5,021 for another daily gain. All three major stock indexes posted news highs due to lower inflation readings in April. The Nasdaq Composite (+1.17%) and S&P 500 (+1.17%) finished strong, while the blue-chip Dow Jones (+0.885) closed near the 40,000 level.
March 20 Market Report: Executive Mosaic’s GovCon Index Rises Again, Wall Street Buoyed by Clear Rate Path
Executive Mosaic’s GovCon Index advanced 0.74% to $4.919.04. All three major U.S. stock indexes jumped following a clear direction of interest rates. The Nasdaq Composite climbed 0.89%, while the blue-chip Dow Jones (+1.03%) and S&P 500 (+0.89%) posted new all-time highs. Also, the ten-year Treasury yield closed lower at 4.28%.
March 6 Market Report: Executive Mosaic’s GovCon Index Extends Gains, Wall Street Regains Ground
Executive Mosaic’s GovCon Index continued its momentum, rising 0.32% to $4,962.45 as 80% of its constituents advanced. Wall Street’s top stock market indexes regained ground and settled higher. The tech-heavy Nasdaq Composite (+0.58%) led the recovery from Tuesday's selloff. GCI stocks Palantir Technologies (NYSE: PLTR) and AeroVironment (Nasdaq: AVAV) outperformed.
January 4 Market Report: Executive Mosaic’s GovCon Index Slips, Major Indexes Struggle
Executive Mosaic’s GovCon Index closed 0.20% lower to $4,575.60, extending its slump to three days. Major indexes tried to shake off the rocky start in 2024, but only the Dow Jones Industrial Average (+0.03%) eked out a gain. The S&P 500 (-0.34%) and Nasdaq Composite (-0.56%) stayed in red territory.
December 28 Market Report: Executive Mosaic’s GovCon Index Joins Modest Santa Rally, S&P Nears Record Territory
Executive Mosaic’s GovCon Index eked a small gain to $4,660.50 (+0.01%) amid muted trading. The Dow Jones Industrial Average (+0.14%) advanced, while the S&P 500 (+0.04%) is 13 points short of its all-time closing high in January 2022. Only the Nasdaq Composite (-0.03%) slipped during the modest Santa Rally.
December 21 Market Report: Executive Mosaic’s GovCon Index Turns Green, Wall Street Rally Resumes
Executive Mosaic’s GovCon Index turned green, with gainers lifting the total to $4,609.23. All the major U.S. indexes recovered from their sharp drops on mid-week. The Dow Jones Industrial climbed more than 300 points, while the Nasdaq Composite ticked higher. The S&P 500 is within 1% of its all-time high.
November 17 Market Report: Executive Mosaic’s GovCon Index and Wall Street End Positive on Small Gains
Executive Mosaic’s GovCon Index atoned for its loss on Thursday and edged modestly higher to $144.06 (+0.02%). Trading was relatively quiet, although Wall Street registered another winning (third) week. The S&P 500 Index (+0.13%), Nasdaq Composite (+0.08%), and the Dow Jones Industrial Average (+0.01%) had small gains.