Executive Mosaic’s GovCon Index closes lower at $5,653.60 following a -0.79% skid. Wall Street’s post-election rally has paused or has ended as major US stock indexes turned red. The Dow Jones Industrial Average (-0.86%) shed 382.15 points, while the S&P 500 (-0.29%) and Nasdaq Composite (-0.09%) dipped from record highs. Around 77% of NYSE stocks...
Executive Mosaic’s GovCon Index dropped 1.15% to $5,101.31, matching its longest losing streak. However, the index has lost 9.77% in five consecutive sessions compared to -2.09% in the losing run five months ago. Uncertainty over possible changes in the government contracting industry in 2025 continues to weigh on GCI constituents. Wall Street’s top benchmarks finished...
Executive Mosaic’s GovCon Index rose 1.28% to $5,193.45, the second straight daily gain after a downward trend. The Dow Jones Industrial Average (+1.06%) and S&P 500 (+0.53%) surged, while the tech-heavy Nasdaq Composite (+0.03%) turned green following a tiny gain. Super Micro Computer (Nasdaq: SMCI) popped 15.12% Thursday, stealing the thunder from Magnificent Seven stocks,...
Executive Mosaic’s GovCon Index rose for the third straight session to close 0.37% higher at $5,212.93. Major US indexes advanced, with the Dow Jones Industrial Average (+0.97%) notching a new record close. The S&P 500 (+0.35%) and Nasdaq Composite (+0.16%) stayed the course. Better-than-expected corporate earnings of 95% of S&P 500 companies are tailwinds for...
Executive Mosaic’s GovCon Index pulled back following a winning week, declining 0.87% to $5,168.10. The Dow Jones Industrial Average (+0.99%) finished with a new all-time high after adding 440 points. Also, on Monday, the S&P 500 (+0.30%) and Nasdaq Composite (+0.27%) closed near-record levels. Wall Street reacted positively to President-elect Donald Trump’s US Treasury secretary...
Executive Mosaic’s GovCon Index rebounded from Monday’s loss, rising 0.64% to $5,201.61. The broader S&P 500 Index (+0.57%) and the Dow Jones Industrial Average (+0.28%) reached new record highs, while mega-cap tech stocks lifted the Nasdaq Composite (+0.63%). Global stock markets declined on fears of potentially higher U.S. tariffs, including goods from USMCA partners Canada...
Executive Mosaic’s GovCon Index declined before Thanksgiving Day but rose 0.50% to $5,203.60 Friday. Wall Street’s major indexes also retreated mid-week, then recovered after the break. The Nasdaq Composite climbed +0.83%, while the S&P 500 (+0.56%) and the Dow Jones Industrial Average finished at new all-time highs. Magnificent Seven stocks advanced, except Google parent Alphabet...
Executive Mosaic’s GovCon Index declined 0.76% to $5,164.39 for a lackluster start in December. The Dow Jones Industrial Average (-0.29%) slipped Monday, while the Nasdaq Composite (+0.97%) and S&P 500 (+0.24%) raced to new record highs. Adobe Analytics reported that shoppers spent a record $6.1 billion on Black Friday, of which $3.6 billion were online...
Executive Mosaic’s GovCon Index sunk 0.75% to $5,125.87, nearly the same percentage drop Monday. The Dow Jones Industrial Average (-0.17%) also closed lower for the second straight day, while the Nasdaq Composite (+0.40%) and S&P 500 (+0.05%) hit new record highs on modest gains. Stellar Performer The GovCon Index had 20 decliners compared to nine...
Executive Mosaic’s GovCon Index rose 0.76% to $5,165.07, arresting its early December skid. The Dow Jones Industrial Average (+0.69%) rebounded too and joined the Nasdaq Composite (+1.3%) and S&P 500 (+0.61%) in posting record intraday and new closing highs mid-week. Large-cap tech stocks, including the Magnificent Seven, were the top market movers. Semiconductor maker Marvell...
