Executive Mosaic’s GovCon Index stayed positive, rising 0.19% to $5,021. for its second consecutive daily gain this week. All three major stock indexes posted news highs due to lower inflation readings in April. The Nasdaq Composite (+1.17%) and S&P 500 (+1.17%) finished strong, while the blue-chip Dow Jones (+0.885) closed near the 40,000 level. Top...
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...
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...
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)...
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...
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...
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. ...
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...
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%)...
Executive Mosaic’s GovCon Index skidded 1.4% for the second straight day, closing lower at $4,912.79. Wall Street’s major market indexes finished in the red, with the Dow Jones Industrial Average giving up 411.32 points (-1.06%). The benchmark S&P 500 (-0.74%) and Nasdaq Composite (-0.58%) erased gains from the previous session. Fear gripped the market, as...
