Executive Mosaic’s GovCon Index turned positive, ending at $4,909.25 following a modest 0.24% gain. The Nasdaq Composite (+0.84%) and S&P 500 (+0.62%) hit new highs, while the Dow Jones Industrial Average (+0.41%) notched a third straight daily gain. Tesla (Nasdaq: TSLA) repeated as the tech-heavy index’s top performer, climbing 10.2%. The American electric vehicle maker...
Executive Mosaic’s GovCon Index returned from the holiday break with a dismal performance, sinking 0.75% to $4,879.92. The Nasdaq Composite (+0.90%) and S&P 500 (+0.54%) led Wall Street’s advance with new record closes, while the Dow Jones Industrial Average (+0.17%) ticked higher. Mega-cap tech stocks Microsoft (Nasdaq: MSFT), Apple (Nasdaq: AAPL), and Intel (Nasdaq: INTC)...
Executive Mosaic’s GovCon Index started the week positively, rising modestly higher to $4,886.75 (+0.14%). Chip stocks powered the Nasdaq Composite (+0.28%) to a new record close, while the S&P 500 (+0.10%) marked another record high. Only the Dow Jones Industrial Average (+0.08%) was changed a bit but settled lower. Intel (Nasdaq: INTC) and Advanced Micro...
Executive Mosaic’s GovCon Index reversed course mid-week with a 1.03% jump to $4,906.86. Wall Street’s major indexes outperformed following a tech rally and renewed rate cut hopes. The Nasdaq Composite (+1.18%) and S&P 500 (+1.02%) posted new record highs, while the Dow Jones Industrial Average (+1.09%) advanced nearly 430 points. ON Semiconductor (Nasdaq: ON) and...
Executive Mosaic’s GovCon Index closed positive for the second straight day, rising 0.96% to $4,954.32. Wall Street sustained momentum from mid-week but eventually retreated due to a tech selloff. Only the Dow Jones Industrial Average (+0.08%) stayed green. The Nasdaq Composite (-1.95%) registered it worst performance since April following the slump of mega-cap tech...
Executive Mosaic’s GovCon Index stretched its winning streak to three trading sessions, rising 0.58% to $4,982.68. Wall Street’s three major stock indexes had nearly identical gains Friday. The Dow Jones Industrial Average (+0.62%) hit a new all-time high in intraday trading, then settled at 40,000.90 points. Momentum is back, with 76% and 68% of NYSE...
Executive Mosaic’s GovCon Index rose 0.41% to $5,003.20 for its fourth straight daily gain since mid-week last week. Wall Street was steady to start the week following an assassination attempt on a former POTUS during a rally on July 13. The blue-chip Dow Jones Industrial Average (+0.53%) rose 210 points to finish at 40,211.72 points,...
Executive Mosaic’s GovCon Index had its best day Tuesday, advancing 2% to $5,105.25. The index, which tracks the stock performances of 30 major government contractors, also marked its highest close since its introduction in December last year. The Dow Jones Industrial Average (+1.85%) advanced 742.76 points to 40,954.48, erasing its all-time high record the day...
Executive Mosaic’s GovCon Index ended its five-day winning streak, sliding 0.19% to $5,095.82. The Nasdaq Composite (-2.77%) had its worst day due to the slump of microchip shares, while the S&P 500 (-1.39%) suffered a sharp drop. Only the Dow Jones Industrial Average (+0.59%) survived the selloff and posted a third straight record close. The...
Executive Mosaic’s GovCon Index posted a modest loss for the second straight day, closing at $5,087.07 (-0.17%). Wall Street flashed red due to a broader market selloff. The Dow Jones Industrial Average shed 533 points (-1.29%), while the S&P 500 (-0.78%) and Nasdaq Composite (-0.70%) dropped sharply. Around 80% and 79% of NYSE stocks and...
