Executive Mosaic’s GovCon Index ended slightly higher at $4,943.86 following a modest 0.63% gain. Risk-off sentiment prevailed Thursday, with all major indexes closing in the red. The Nasdaq Composite fell 1.08%, while the Dow Jones Industrial Average (-0.86%) and S&P 500 (-0.60%) dropped to 2-week and 4-week lows, respectively. A tech slump, led by NVIDIA’s...
Executive Mosaic’s GovCon Index picked up steam, rising 1.12% to $4,998.95 before the weekend. Wall Street regained strength, with the Dow Jones Industrial Average climbing more than 570 points (+1.51%) to mark its best day in 2024. The S&P 500 (+0.80%) kept pace, while the Nasdaq Composite (-0.01%) stepped in the red zone. Despite data...
Executive Mosaic’s GovCon Index dropped 0.67% to $4,965.64 following a slump to start the week. The Dow Jones Industrial Average, coming from its best day in 2024 last Friday, skidded 0.30%, while the Nasdaq Composite (+0.56%) and S&P 500 (+0.11%) ticked higher. Meme stocks GameStop (NYSE: GME) and AMC Entertainment (NYSE: AMC) sizzled with +21%...
Executive Mosaic’s GovCon Index rose 0.15% to $4,973.02 and averted a second straight day of losses. Cooling Jobs Opening and Labor Turnover Survey results in April buoyed investors’ sentiment. The Dow Jones Industrial Average (+0.35%), Nasdaq Composite (+0.17%), and S&P 500 (+0.15%) turned green at closing bell. Cruise operators, led by Carnival (NYSE: CCL) and...
Executive Mosaic’s GovCon Index advanced for the second straight day, rising modestly to $4,986.25 (+0.27%). On Wall Street, the interest rate cut across the border lifted the S&P 500 (+1.18%) and Nasdaq Composite (+1.96%) to new record highs. The Dow Jones Industrial Average (+0.25%) rose nearly 100 points. NVIDIA (Nasdaq: NVDA) outperformed stock on the...
Executive Mosaic’s GovCon Index snapped its two-day winning streak, slipping 0.29% to $4,971.84. The Nasdaq Composite (-0.09%) and S&P 500 (-0.02%) settled slightly lower from their record highs, while the Dow Jones Industrial Average (+0.20%) inched higher. GameStop (NYSE: GME) surged 47.45% after Reddit sensation Keith Gill revealed a $200 million position in the meme...
Executive Mosaic’s GovCon Index fell for the second straight day, sliding 0.37% to $4,953.15. All major U.S. indexes turned red as hopes of a rate cut fade due to a robust jobs data. The Nasdaq Composite (-0.23%) and S&P 500 (-0.11%) dipped from their record highs, while the Dow Jones Industrial Average (-0.22%) ticked lower....
Executive Mosaic’s GovCon Index ended in positive territory, rising to $4,953,15 on a tiny 0.02% gain. Wall Street turned green, also on mild gains by the Dow Jones Industrial Average (+0.18%), S&P 500 (+0.36%) and Nasdaq Composite (+0.25%). Still, the tech-heavy index notched a new record high. The Federal Reserve has been on a...
Executive Mosaic’s GovCon Index finished positive at $4.946.42, following a modest 0.16% gain. The Nasdaq Composite (+2.42%) closed at 17,608.44 for a new all-time high, while the S&P (+1.12%) ended above 5,400 for the first time. Only the Dow Jones Industrial Average (-0.40%) had negative returns mid-week. Easing inflation and a clearer rate path direction...
Executive Mosaic’s GovCon Index reversed Wednesday’s gain, falling 0.78% to $4,907.98. The Dow Jones Industrial Average (-0.17%) weakened further for its third straight daily loss. However, despite modest gains, the S&P 500 (+0.23%) and Nasdaq Composite (+0.34%) established new all-time closing highs. Mega-cap tech stocks rallied to lift Nasdaq to another fresh record. Super Micro...
