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May 13 Market Report: Executive Mosaic’s GovCon Index Retreats, Major US Indexes End Flat
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May 13 Market Report: Executive Mosaic’s GovCon Index Retreats, Major US Indexes End Flat

Executive Mosaic’s GovCon Index slipped 0.49% Monday to $5,007.86 following its strongest week in 2024. Wall Street’s top indexes were mostly flat, although the Nasdaq Composite (+0.29%) ended positive. The Dow Jones Industrial Average (-0.21%) snapped its eight-day winning streak, while the S&P 500 (-0.02%) closed lower. Meme stocks were on centerstage due to an...

May 14 Market Report: Executive Mosaic’s GovCon Index Posts Meager Gain, Wall Street Settles Higher
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May 14 Market Report: Executive Mosaic’s GovCon Index Posts Meager Gain, Wall Street Settles Higher

Executive Mosaic’s GovCon Index ends slightly higher at $5,011.61 on a meager gain (+0.07%). All three major U.S. stock indexes also advanced, with the Nasdaq Composite (+0.75%) notching a record close. The blue-chip Dow Jones (+0.32%) recovered from Monday’s losses, while the S&P 500 (+0.48%) had a five-week high. Meme stocks GameStop (NYSE: GME) and...

May 16 Market Report: Executive Mosaic’s GovCon Index Goes Against Tide, Major Stock Indexes Drift Lower
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May 16 Market Report: Executive Mosaic’s GovCon Index Goes Against Tide, Major Stock Indexes Drift Lower

Executive Mosaic’s GovCon Index stayed positive, rising 0.36% to $5,039.19. Wall Street’s top three stock indexes lost steam towards closing and ended in the red zone. The Dow Jones Industrial Average (-0.10%) breached 40,000 at one point before settling lower, while the Nasdaq Composite (-026%) and S&P 500 (-0.21%) also turned red. Comments by two...

May 17 Market Report: Executive Mosaic’s GovCon Index Posts 4th Straight Daily Gain, Dow Jones Tops 40,000 Mark
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May 17 Market Report: Executive Mosaic’s GovCon Index Posts 4th Straight Daily Gain, Dow Jones Tops 40,000 Mark

Executive Mosaic’s GovCon Index closed 0.25% higher at $5,051.61, registering its fourth straight daily gain. The 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.    Meme stock GameStop (NYSE: GME) plunged...

May 20 Market Report: Executive Mosaic’s GovCon Index Sustains Momentum, Dow Jones Drops Below Record High
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May 20 Market Report: Executive Mosaic’s GovCon Index Sustains Momentum, Dow Jones Drops Below Record High

Executive Mosaic’s GovCon Index extended its winning streak to five days, rising 0.24% to $5,063.87. The Nasdaq Composite (+0.65%) and S&P 500 (+0.09%) advanced, while the Dow Jones Industrial Average (-0.49%) settled below 40,000. Bonds were the headwinds Monday, as the ten-year Treasury yield rose to 4.436%. Telehealth provider Hims & Hers Health (NYSE: HIMS)...

May 21 Market Report: Executive Mosaic’s GovCon Index Extends Hot Streak to 6 Days, New Closing Highs at Wall Street
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May 21 Market Report: Executive Mosaic’s GovCon Index Extends Hot Streak to 6 Days, New Closing Highs at Wall Street

Executive Mosaic’s GovCon Index is on a roll, rising to $5,069.49 on another modest gain. The Dow Jones Industrial Average (+0.17%) turned positive, while the S&P 500 (+0.25%) and Nasdaq Composite (+0.22%) registered new closing highs. Strong quarterly earnings drove Wall Street higher. Market movers were First Solar (Nasdaq: FSLR) and Macy’s (NYSE: M). The...

May 22 Market Report: Executive Mosaic’s GovCon Index Stays Positive, Wall Street Retreats
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May 22 Market Report: Executive Mosaic’s GovCon Index Stays Positive, Wall Street Retreats

Executive Mosaic’s GovCon Index stayed positive, ending at $5,070.54 (+0.02%) following a tiny gain. However, the major U.S. indexes fell in the red zone as rate cuts hope dim. The Dow Jones Industrial Average (-0.51%) had its worst trading day in May, while the S&P 500 (-0.27%) and Nasdaq Composite (-0.18%) lost steam. The minutes...

May 23 Market Report: Executive Mosaic’s GovCon Index Ends 7-Day Winning Streak, Wall Street Sinks
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May 23 Market Report: Executive Mosaic’s GovCon Index Ends 7-Day Winning Streak, Wall Street Sinks

Executive Mosaic’s GovCon Index ended its seven-day winning streak following a 0.89% decline to $5,025.37. The Dow Jones Industrial Average (-1.53%) shed 605 points for its worst session in 2024, while the S&P 500 (-0.74%) dropped to a one-week low. Around 78% of constituents in the tech-heavy Nasdaq Composite (-0.39%) finished in the red.   ...

May 24 Market Report: Executive Mosaic’s GovCon Index Bounces Back, Nasdaq Sets Fresh Record
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May 24 Market Report: Executive Mosaic’s GovCon Index Bounces Back, Nasdaq Sets Fresh Record

Executive Mosaic’s GovCon Index bounced from its sharp loss Thursday, rising 0.64% to $5,055.57. Wall Street’s major stock indexes ended positive before the Memorial Day weekend, with the Nasdaq Composite setting a new record close following a 1.1% advance. The S&P 500 (+0.705) ticked higher, while the Dow Jones Industrial Average (+0.01%) was flat.  Super...

May 28 Market Report: Executive Mosaic’s GovCon Index Flashes Red, Nasdaq Soars to New Record High
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May 28 Market Report: Executive Mosaic’s GovCon Index Flashes Red, Nasdaq Soars to New Record High

Executive Mosaic’s GovCon Index posted its most significant single-day drop in 2024, declining 1.43% to $4,983.32. Despite a quiet trading day at Wall Street, the tech-heavy Nasdaq Composite Index closed above 17,000 for the first time and set another fresh record. The S&P 500 (+0.02%) advanced slightly, while the blue-chip Dow Jones industrial Average (-0.55%)...