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May 1 Market Report: Executive Mosaic’s GovCon Index Rises Slightly, Markets Lose Steam
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May 1 Market Report: Executive Mosaic’s GovCon Index Rises Slightly, Markets Lose Steam

Executive Mosaic’s GovCon Index turned positive mid-week, rising 0.14% to $4,891.06. Wall Street’s major indexes settled mixed, with the Dow Jones Industrial Average (+0.23%) closing modestly higher. The S&P 500 (-0.34%) and Nasdaq Composite (-0.33%) declined due to inflation risks and rate cut uncertainty. Federal Reserve Chairman Jerome Powell announced in the post-FOMC meeting that...

May 2 Market Report: Executive Mosaic’s GovCon Index Clings to Gain, Wall Street Regains Strength
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May 2 Market Report: Executive Mosaic’s GovCon Index Clings to Gain, Wall Street Regains Strength

Executive Mosaic’s GovCon Index edged 0.08% higher to $4,894.92, clinging to gains. All three major U.S. stock indexes overcame the headwind and ended positive. Tech stocks rallied to help the Nasdaq Composite rise 1.5%. The Dow Jones Industrial Average (+0.85%) and S&P 500 (+0.91%) trimmed their losses.  About 78% of NYSE stocks advanced Thursday. Carvana...

May 3 Market Report: Executive Mosaic’s GovCon Index Extends Winning Streak, Weaker Jobs Data Lifts Wall Street
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May 3 Market Report: Executive Mosaic’s GovCon Index Extends Winning Streak, Weaker Jobs Data Lifts Wall Street

Executive Mosaic’s GovCon Index closed at $4,923.43 or 0.58% higher to continue its strong start in May. The 42.2% month-on-month drop in non-farm payrolls lifts Wall Street. All major indexes surged, with Nasdaq Composite rising nearly 2%, followed by the S&P 500 (+1.26%) and the Dow Jones Industrial Average (+1.18%).     Apple (Nasdaq: AAPL) was...

May 6 Market Report: Executive Mosaic’s GovCon Index Surges, Wall Street Also Rises
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May 6 Market Report: Executive Mosaic’s GovCon Index Surges, Wall Street Also Rises

Executive Mosaic’s GovCon Index surged 1.19% to $4,982.77 for its fourth consecutive daily gain. The Nasdaq Composite had the same percentage gain, while the Dow Jones Industrial Average (+0.46%) and S&P 500 (+1.03%) marked their four-day and three-day win streaks.   Wall Street picked up steam from Friday’s softer jobs report in April. About 75%...

May 7 Market Report: Executive Mosaic’s GovCon Index Holds Steady, Wall Street Ends Mixed
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May 7 Market Report: Executive Mosaic’s GovCon Index Holds Steady, Wall Street Ends Mixed

Executive Mosaic’s GovCon Index held steady, rising modestly to $4,986.68 (-0.08%) despite half of its components falling in red territory. The Dow Jones Industrial Average (+0.08%) and S&P 500 (+0.13%) edged higher, while the Nasdaq Composite (-0.10%) closed slightly lower. Disney (NYSE: DIS) had its worst trading day in 18 months after falling 9.51%. The...

May 8 Market Report: Executive Mosaic’s GovCon Index Slips, Breaks Winning Streak
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May 8 Market Report: Executive Mosaic’s GovCon Index Slips, Breaks Winning Streak

Executive Mosaic’s GovCon Index ended its four-day winning streak, following a 0.01% slip to $4,986.08. Stock movement was limited mid-week, although the Dow Jones Industrial Average (+0.44%) rose for the sixth consecutive session. The benchmark S&P 500 was flat, while the Nasdaq Composite (-0.18%) drifted lower. Amgen (Nasdaq: AMGN) and 14 other Dow Jones components...

May 9 Market Report: Executive Mosaic’s GovCon Index Turns Positive, Dow Jones Hits 5-Week High
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May 9 Market Report: Executive Mosaic’s GovCon Index Turns Positive, Dow Jones Hits 5-Week High

Executive Mosaic’s GovCon Index turned positive, rising 0.79% to $5,025.82. The blue-chip Dow Jones (+0.85%) locks in its seventh straight session, while the S&P 500 (+0.51%) topped 5,200 and the Nasdaq Composite (+0.27%) ticked higher. New unemployment data lifted Wall Street. Almost 60% of NYSE stocks advanced, although Roblox (NYSE: RBLX) cratered 22.06%. The video...

May 10 Market Report: Executive Mosaic’s GovCon Index Edges Higher, Dow Jones Marks 8th Straight Daily Gain
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May 10 Market Report: Executive Mosaic’s GovCon Index Edges Higher, Dow Jones Marks 8th Straight Daily Gain

Executive Mosaic’s GovCon Index gained 0.13% to $5,032.33 before the weekend, its fourth winning session in five days. On Wall Street, the Dow Jones Industrial (+0.32%) extended its daily gain to eight, while the S&P 500 (0.16%) rose modestly. Only the Nasdaq Composite (-0.03%) tilted toward red territory.  Precision instruments provider Mettler-Toledo (NYSE: MTD) lifted...

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...