Executive Mosaic’s GovCon Index advanced 0.17% to $138.45 amid a negative market sentiment. Big tech companies suffered sharp price declines leading the Nasdaq Composite (-1.76%) into enter correction territory. The S&P 500 Index (-1.18%) fell to its lowest level, while the Dow Jones Industrial Average also registered a loss (-0.76%).
Executive Mosaic’s GovCon Index stayed positive, gaining 0.13% to $138.21. However, the major indexes tumbled as Treasury yields rebound. The Nasdaq Composite (-2.43%) had its worst day since February, while the S&P 500 (-1.43%) fell below the 4,200 level. Blue-chip Dow Jones did better but still shed 105 points (-0.32%).
Executive Mosaic’s GovCon Index broke its four-day losing streak and Wall Street flashed green. Investors delighted in the batch of quarterly reports showing better profits and surpassing revenue expectations. The benchmark S&P 500 Index rose 0.73%, the Dow Jones Industrial Average gained 0.62%, and the Nasdaq Composite closed 0.93% higher.
Executive Mosaic’s GovCon Index slid 0.69% to $138.50, extending its slump to four consecutive sessions. The big three indexes started strong as bond yields eased, but the Dow Jones Industrial Average (-0.58%) and the S&P 500 (-0.17%) lost steam. Only the Nasdaq Composite (+0.27%) advanced to snap the losing streak.
Executive Mosaic’s GovCon Index slipped 1.15% to $139.45, extending its slump and posting a weekly loss of 1.96%. The Dow Jones Industrial Average shed 0.86%, while the S&P 500 and Nasdaq Composite fell 1.26% and 1.53%, respectively. The 10-year Treasury yield crossed 5% briefly before settling at 4.912%.
Executive Mosaic’s GovCon Index remains in the green for the third consecutive session, gaining a modest 0.31% to close at $143.44. The benchmark S&P 500 was nearly unchanged, the Dow Jones edged higher and the Nasdaq Composite slipped. Market analysts say the bond market continues to pressure and drive stocks.
Executive Mosaic’s GovCon Index slipped into red territory, losing 0.89% to close at an average of $142.17. Major indexes, from the Dow Jones Industrial Average (-0.98%) to the S&P 500 (-1.34%), and the Nasdaq Composite (-1.62%), registered losses. The rise in long-term bond yields triggered the market selloff.
Executive Mosaic’s GovCon Index finished lower, declining 0.79% to $141.06. US stocks fell as the ten-year Treasury seems on track to hit 5% soon. The Dow Jones Industrial Average shed 0.81%, while the S&P 500 (-0.85%) and Nasdaq Composite (-0.96%) also felt the pressure from the bond market.
Executive Mosaic’s GovCon Index slid 0.87% to $141.47 to snap its winning streak. The major indexes lost steam as stocks succumbed to rising bond yields. After moving from green to red, and vice-versa, the Dow Jones (-0.51%), the Nasdaq Composite (-0.63%) and the S&P 500 Index (-0.62%) fell in unison.
Executive Mosaic’s GovCon Index (+0.54%) and the Dow Jones Industrial Average (+0.12%), closed higher on Friday. The S&P 500 Index declined 0.5%, while the Nasdaq Composite shed 166.98 points (-1.23%) to end the week in the red. Investors are worried about corporate earnings and the backlash from the Mid-East war.
