Executive Mosaic’s GovCon Index pulled back 0.89% to $5,218.19, ending the week in the red. Wall Street sunk further due to heightened volatility caused by a weakening economy and labor market. The Nasdaq Composite tumbled 2.43%, while the S&P 500 (-1.84%) and Dow Jones Industrial Average (-1.51%) dropped sharply. Intel (Nasdaq: INTC) was the worst...
Executive Mosaic’s GovCon Index had its worst single-day performance, dropping 2.15% to $5,108.61. The rout of U.S. stocks that began Aug. 1 entered its third day with the Nasdaq Composite plunging 3.43%. It was the worst day for the S&P 500 (-3.0%) since 2022, while the Dow Jones Industrial Average (-2.6%) fell to a seven-week...
Executive Mosaic’s GovCon Index turned positive after three consecutive daily losses, drifting 0.15% higher to $5,108.61. Wall Street’s major stock indexes recovered from a massive tailspin that began Aug 1. The S&P 500 and Nasdaq Composite rallied more than one percent, while the Dow Jones Industrial Average (+0.76%) gained nearly 300 points. Real estate and...
Executive Mosaic’s GovCon Index stayed positive, closing at $5,117.16 (+0.02%) on a teeny gain. Wall Street’s major stock indexes retreated from Tuesday’s rally and flashed red again. The Nasdaq Composite (-1.05%) declined the most, while the Dow Jones Industrial Average (-0.60%) and the S&P 500 (-0.77%) finished lower. The sharp losses of chip stocks, including...
Executive Mosaic’s GovCon Index rose 1.74% to $5,207.70, its second-best daily performance, and extended its winning streak to three days. Wall Street staged a strong comeback on favorable labor market news. The Nasdaq Composite (+2.87%) and S&P 500 (+2.30%) recovered from Wednesday’s losses, while the Dow Jones Industrial Average (+1.76%) advanced 683 points. All Magnificent...
Executive Mosaic’s GovCon Index rose modestly to $5,216.43 (+0.17%) following a nearly 2% advance on Thursday. The Nasdaq Composite (+0.51%), S&P 500 (+0.47%) and the Dow Jones Industrial Average (+0.13%) ticked higher, coming from a torrid rally and sizeable gains a day before. Cloud computing firm Akamai Technologies (Nasdaq: AKAM) reported better-than-expected top and bottom-line...
Executive Mosaic’s GovCon Index rose modestly for the second straight trading session, closing slightly higher at $5,229.90 (+0.26%) but extending its winning streak to five days. The S&P 500 was flat to start the week, while the Nasdaq Composite (+0.21%) inched up and the Dow Jones Industrial Average (-0.36%) ticked lower. KeyCorp (NYSE: KEY) was...
Executive Mosaic’s GovCon Index sustained its upward trend, rising 0.48% to $5,255.33. Market momentum returned to Wall Street, evidenced by the substantial gain of the tech-heavy Nasdaq Composite (+2.43%). The Dow Jones Industrial Average (+1.04%) climbed 408.63 points, while the broad S&P 500 Index added 1.68%. Tech stocks rallied and around 81% of NYSE stocks...
Executive Mosaic’s GovCon Index rose 0.66% to $5,290.05 mid-week for its seventh straight daily gain, matching its longest winning streak in May. Wall Street’s major stock indexes stayed positive as U.S. inflation dropped to 2.9% in July or below 3% for the first time since March 2021. The rate peaked at 9.1% in June 2022....
Executive Mosaic’s GovCon Index advanced 0.70% to $5,327.33, a new high following eight consecutive daily gains since Aug. 6. Wall Street’s main indexes rose within record levels on fresh economic data. The Nasdaq Composite rose 2.34%, while the S&P 500 (+1.61%) and the Dow Jones Industrial Average (+1.39%) ended sharply higher. Walmart (NYSE: WMT)...
