Executive Mosaic’s GovCon Index started the week on a positive note, advancing 0.54% to $5,369.95. Wall Street’s major stock indexes were all green, with the S&P 500 (+0.42%) and the Dow Jones Industrial Average (+0.04%) closing September with fresh records. The tech-heavy Nasdaq Composite (+0.38%) edged higher. Energy and communications services were the top performers...
Executive Mosaic’s GovCon Index finished 1.45% higher at $5,449.09, a strong start to Q4 2024. On the other hand, Wall Street’s major indexes were all red. The Nasdaq Composite and S&P 500 sunk 1.53% and 0.93% on Tuesday, while the Dow Jones Industrial Average (-0.41%) fell from its record high. About 38% of Nasdaq components...
Executive Mosaic’s GovCon Index retreated mid-week, closing 0.23% lower at $5,436.84. Escalating Middle East tensions continue to hound Wall Street, although all three major indexes ended positive on narrow gains. Despite heightened geopolitical risks, 19 S&P 500 stocks traded at new 52-week highs. However, Humana (NYSE: HUM) in the healthcare sector plunged 11.79% following a...
Executive Mosaic’s GovCon Index turned positive, ending slightly higher at $5,442.94 (+0.11%). Wall Street fell into red territory, with the Dow Jones Industrial Average (-0.44%) shedding almost 185 points. The broader S&P 500 Index (-0.17%) slipped, while the Nasdaq Composite (-0.04%) tilted lower. Equity markets continue to lose steam because of geopolitical uncertainty. However, NVIDIA...
Executive Mosaic’s GovCon Index ended 49% higher at $5,469.34, marking another winning week. Wall Street flashed green, bannered by the tech-heavy Nasdaq Composite (+1.22%) and the broader S&P 500 Index (+0.90%). The Dow Jones Industrial Average Nasdaq Composite (+0.81%) closed at a fresh record high. NYSE regained momentum, with 73% of stocks advancing. On the...
Executive Mosaic’s GovCon Index lost steam to start the week, sliding 0.61% to $5,436.01. Wall Street turned red as reduced rate cut expectations pushed bond yields higher. The Nasdaq Composite (-1.18%) fell sharply, while the Dow Jones Industrial Average and S&P 500 lost nearly one percent. Magnificent Seven stocks, except one, finished lower on Monday....
Executive Mosaic’s GovCon Index reversed course from Monday’s tumble, finishing at $5,459.73 (+0.44%). Wall Street rebounded as the Nasdaq Composite (+1.45%) and S&P 500 (+0.97%) staged a comeback. The blue-chip Dow Jones Industrial Average (+0.30%) added 126 points. The recovery of large-cap tech stocks from a steep downturn lifted the Nasdaq Composite. Besides its 4.05%...
Executive Mosaic’s GovCon Index advanced for the second straight day, closing 0.45% higher at $5,484.66. Easing recession fears and a soft-landing scenario lifted the blue-chip Dow Jones Industrial Average (+1.03%) and broader S&P 500 (+0.71%) to new records. The tech-heavy Nasdaq Composite (+0.60%) extended its rally. Cruise operators were the top S&P 500 gainers, led...
Executive Mosaic’s GovCon Index fell 1.06% to $5,426.99 following a selloff. The Dow Jones Industrial Average (-0.14%), S&P 500 (-0.21%) and Nasdaq Composite (-0.05%) ended lower on moderate losses. The latest consumer price index reading shows that inflation is slowing, but the fight isn’t over. Micron Technology (Nasdaq: MU) on the tech-heavy index advanced 3.92%,...
Executive Mosaic’s GovCon Index bounced back from Thursday’s steep loss, rising 1.42% to $5,505.35. Wall Street turned positive as the third-quarter earnings season gets underway. The Dow Jones Industrial Average (+0.97%) and S&P 500 (+0.61%) finished at all-time closing highs, while the Nasdaq Composite (+0.33%) settled higher. JPMorgan Chase (NYSE: JPM) and Wells Fargo (NYSE:...
