Executive Mosaic’s GovCon Index ticked lower to $4,870.19 (-0.33%) and has lost 1.9% since the start of April. Wall Street’s major indexes were under pressure due to rate cuts uncertainty. The Dow Jones Industrial Average (-0.11%) dropped to a two-week low, while the S&P 500 (+0.11%) and Nasdaq Composite (+0.23%) posted moderate gains. On the...
Executive Mosaic’s GovCon Index went against the red tide on Wall Street, closing 0.07% higher at $4,873.37. The Dow Jones Industrial Average (-1.35%) shed 530 points, its worst day since March 2023. The benchmark S&P 500 (-1.235) had its worst performance since February, while the Nasdaq Composite (-1.40%) did not escape the selloff. Several Federal...
Executive Mosaic’s GovCon Index stayed positive, rising 0.46% to $4,896.02 before the weekend. The higher-than-expected jobs report and lower unemployment rate in March lifted Wall Street. While the Nasdaq Composite (+1.24%), S&P 500 (+1.11%), and the Dow Jones Industrial Average (+0.80%) closed higher, all three indexes had a losing week. GE Aerospace (NYSE: GE) popped...
Executive Mosaic’s GovCon Index inched 0.07% higher to $4,899.46 to start the second week of April. Wall Street’s major indexes changed slightly, with the Dow Jones Industrial Average (-0.03%) and S&P 500 (-0.04%) closing marginally lower. The Nasdaq Composite (+0.03%) closed in positive territory. Tesla (Nasdaq: TSLA) climbed 4.9% following Elon Musk’s tweet that the...
Executive Mosaic’s GovCon Index dropped 1.09% to $4,846.59 after most of its constituents fell in the red zone. The Dow Jones Industrial Average (-0.02%) was flat, while the S&P 500 (+0.14%) and Nasdaq Composite (+0.32%) rebounded from early losses. Alphabet (Nasdaq: GOOGL) advanced 1.13% to a record high of $156.60, nearing the $2 trillion market...
Executive Mosaic’s GovCon Index declined 0.74% to $4,810.82 and has lost 2.4% since the start of April. Wall Street sold off in reaction to the unfavorable inflation data. The S&P 500 (-0.95%) dropped to a three-low year, while the Dow Jones Industrial Average (-1.09%) shed 423 points and the Nasdaq Composite (-0.84%) closed lower. ...
Executive Mosaic’s GovCon Index turned positive, finishing at $4,818.61 on a modest 0.16% gain. Wall Street regained lost ground following the rally of tech stocks. The Nasdaq Composite (+1.68%) recorded its highest close, while the S&P 500 gained 0.74%. Only the Dow Jones Industrial Average (-0.01%) underperformed or is flat. Mega-cap tech stocks Apple (Nasdaq:...
Executive Mosaic’s GovCon Index ends sharply lower at $4,780.55 (-0.80%), erasing its modest gains Thursday. Heightened tension in the Middle East sent Wall Street crashing. The blue-chip Dow Jones Industrial Average (-1.24%) shed 475 points, and the S&P 500 sank 1.46%, while the Nasdaq Composite (-1.62%) fell from its record. Fear gripped markets as Iran...
Executive Mosaic’s GovCon Index slumped for the second consecutive session, dropping 0.69% to $4,743.93. Wall Street flashed red due to inflation and geopolitical risks. The blue-chip Dow Jones Industrial Average (-0.65%) marked its sixth-losing day, while the S&P 500 and Nasdaq Composite lost more than one percent. As U.S. stocks lost ground, the ten-year Treasury...
Executive Mosaic’s GovCon Index turned positive, edging 0.17% higher to $4,756.21. The blue-chip Dow Jones Industrial Average (+0.17%) snapped its six-day losing streak, while the S&P 500 (-0.21%) and Nasdaq Composite (-0.12%) finished with modest losses. With interest rates likely to remain high indefinitely, the ten-year Treasury yield rose to 4.665% Tuesday, a five-month high....
