Executive Mosaic’s GovCon Index rose 0.4% and finished higher at $5,277.31 to start a new trading week. The Dow Jones Industrial Average (+0.55%) hit a new record close, while the S&P 500 (+0.13%) inched higher. However, tech stocks retreated and pulled down the Nasdaq Composite (-0.52%). Apple (Nasdaq: AAPL) declined 2.78% due to slow pre-orders...
Executive Mosaic’s GovCon Index settled lower at $5,233.81 following a 0.83% drop. The Nasdaq Composite (+0.20%) and S&P 500 (+0.03%) posted tiny gains, while the Dow Jones Industrial Average (-0.04%) tilted to the red zone. The GovCon Index fell into negative territory as losers edged gainers. Carlyle Group (NYSE: CG) rose 2.22% to lead 14...
Executive Mosaic’s GovCon Index slips 0.25% to $5,220.73 for its second straight daily loss. The U.S. Federal Reserve lowered interest rates, citing greater confidence in the fight against inflation. However, the Dow Jones Industrial Average (-0.25%), S&P 500 (-0.29%), and Nasdaq Composite (-0.31%) declined despite the 50-basis points cut. Only 44% and 41% of NYSE...
Executive Mosaic’s GovCon Index rose 0.92% to $5,268.96, snapping its two-day losing streak. Global markets and investors digested the U.S. oversized rate cut, resulting in sharp rallies. The Dow Jones Industrial Average (+1.26%) and S&P 500 (+1.70%) closed at new all-time highs, while the Nasdaq Composite surged 2.51%. About 72% of Nasdaq components or 2,729...
Executive Mosaic’s GovCon Index ended positive for the second straight day, settling higher at $5,293.78 (+0.47%). It was a strong week overall for Wall Street due to the jumbo rate cut, although the Nasdaq Composite (-0.36%) and S&P 500 (-0.19%) closed lower. The Dow Jones Industrial Average (+0.09%) hit a new record high despite a...
Executive Mosaic’s GovCon Index outperformed to start the week, rising 1.31% to $5,364.20. The blue-chip Dow Jones Industrial Average (+0.15%) and tech-heavy Nasdaq Composite (+0.14%) inched higher, while the broader S&P 500 Index (+0.28%) registered a new closing high. Tesla (Nasdaq: TSLA) popped nearly 5% to $250 following upbeat forecasts by analysts by Goldman Sachs...
Executive Mosaic’s GovCon Index gave up Monday’s substantial gains, dropping 0.56% to $5,334.31. Wall Street’s major U.S. stock indexes recorded back-to-back daily gains, led by the Nasdaq Composite with +1.56%. The Dow Jones Industrial Average (+0.20%) and S&P 500 (+0.25%) finished higher. The broad stimulus measures announced by the People’s Bank of China on Tuesday improved...
Executive Mosaic’s GovCon Index extended its losses, declining 0.29% to $5,319.05. The Dow Jones Industrial Average (-0.70%) shed more than 290 points, while the S&P 500 (-0.19%) fell from its record high. A mild tech rally kept the Nasdaq Composite (+0.04%) afloat. The utility sector was the top gainer on the S&P 500. Vistra (NYSE:...
Executive Mosaic’s GovCon Index recovered from two-day losses, ending higher at $5,343.72 (+0.46%). On Wall Street, the broader S&P 500 Index (+0.40%) closed at 5,745.37, a new record high. The Dow Jones Industrial Average (+0.62%) and Nasdaq Composite (+0.60%) posted substantial gains. Memory firm Micron Technology (Nasdaq: MU) and cosmetics company Estee Lauder (NYSE: EL)...
Executive Mosaic’s GovCon Index advanced for the second straight day, finishing 0.43% higher at $5,366.84. The Dow Jones Industrial Average (+0.33%) registered a new record high, while the Nasdaq Composite (-0.39%) and S&P 500 (-0.13%) slipped before the weekend. Twenty of 30 Dow Jones components ended positive Friday. On the GovCon Index, AeroVironment (Nasdaq: AVAV)...
