Executive Mosaic’s GovCon Index is back in negative territory, dipping 0.33% to $4,740.64. Wall Street’s major indexes extended their slump, aided by the weakness of tech stocks. The Nasdaq Composite (-1.15%) and the S&P 500 (-0.58%) registered their fourth straight losing session, while the Dow Jones Industrial Average (-0.12%) edged lower. Tech heavyweights and semi-conductor...
Executive Mosaic’s GovCon Index declined 0.11% to end lower at $4,735.44 for the second straight day. Wall Street barely moved from mid-week, although the Dow Jones Industrial Average (+0.06%) ended in positive territory. The S&P 500 (-0.22%) and Nasdaq Composite (-0.52%) stayed in the negative zone. The ten-year Treasury yield rose to 4.64% as rate...
Executive Mosaic’s GovCon Index rose 1.08% to $4,786.97 after its higher-priced stocks outperformed. Market volatility remained elevated due to the escalating Mid-East strife. The Nasdaq Composite (-2.05%) lost nearly 320 points, and the S&P 500 sank 0.88%, while the Dow Jones Industrial Average (+0.56%) ended above water. The pullback of tech giants, led by...
Executive Mosaic’s GovCon Index stayed positive, rising 0.64% to 4,818.03. Wall Street’s major indexes flashed green to start a fresh and busy week. The S&P 500 (+0.87%) and Nasdaq Composite (+1.11%) ended their slumps, while the Dow Jones Industrial Average (+0.675) advanced triple digits. Monday’s market movers were Ford Motor (NYSE: F), United Airlines (Nasdaq:...
Executive Mosaic’s GovCon Index rose 0.91% to $4,862.49, extending its winning streak to three days. Wall Street flashed green on strong Q1 earnings results. The Nasdaq Composite (+1.59%) and S&P 500 (+1.20%) recouped last week’s losses as the Dow Jones Industrial Average (+0.69%) stayed in positive territory. General Motors (NYSE: GM), GE Aerospace (NYSE: GE),...
Executive Mosaic’s GovCon Index lost steam mid-week, sliding 0.56% lower to $4,835.43. The earnings season went into high gear but was inadequate to buoy the markets. All three major indexes hardly moved, although the S&P 500 (+0.02%) and Nasdaq Composite (+0.10%) ended positive on very modest gains. Tech stocks were the market movers Wednesday, with...
Executive Mosaic’s GovCon Index outperformed the broader market, rising 0.70% to $4,869.50. Wall Street’s major indexes retreated to the red zone. The Dow Jones Industrial Average (-0.96%) shed 375 points, while the S&P 500 (-0.46%) and Nasdaq Composite (-0.64%) escaped closing at their worst levels. The significant headwind Thursday was the GDP data that showed...
Executive Mosaic’s GovCon Index gained 0.21% to $4,879.91 and stayed positive before the weekend. A tech rally lifted Wall Street Friday and blockbuster earnings of two “Magnificent Seven” stocks aided Nasdaq’s 2.02% climb. The blue-chip Dow Jones (+0.40%) and S&P 500 (+1.02%) finished higher. Alphabet (Nasdaq: GOOGL) popped 10.22% after it reported a 57.7% year-over-year...
Executive Mosaic’s GovCon Index drifts moderately higher to $4,915.21, gaining 0.21% to start the week. Strong corporate earnings prop Wall Street, with the S&P 500 (+0.32%) and Nasdaq Composite (+0.35%) rising to two-week highs. The blue-chip Dow Jones Industrial Average (+0.38%) gained 146 points. About one-third of S&P 500 companies will present their quarterly earnings...
Executive Mosaic’s GovCon Index fell 0.63% to $4,884.21, a sudden retreat from a strong showing Monday. Wall Street lost momentum as U.S. stocks drowned in red tide. The Dow Jones (-1.47%) shed 570 points, while the S&P 500 (-1.57%) and Nasdaq Composite (-2.04%) plunged on renewed inflation pressures. Leidos (NYSE: LDOS), a GovCon Index component,...
