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October 29 Market Report: Executive Mosaic’s GovCon Index Advances, Nasdaq Hits New Record Close
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October 29 Market Report: Executive Mosaic’s GovCon Index Advances, Nasdaq Hits New Record Close

Executive Mosaic’s GovCon Index rose 0.27% to $5,507.32, a higher gain from Monday. The Nasdaq Composite (+0.78%) closed at a record high, and the S&P 500 (+0.16%) finished with gains. However, the blue-chip Dow Jones Industrial Average (-0.36%) fell into negative territory. Breakout Stocks on GovCon Index Decliners edged gainers on the GovCon Index, but...

October 30 Market Report: Executive Mosaic’s GovCon Index Slides, Wall Street Flashes Red
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October 30 Market Report: Executive Mosaic’s GovCon Index Slides, Wall Street Flashes Red

Executive Mosaic’s GovCon Index ended its two-day winning streak after sliding 0.44% to $5,480.68. Wall Street was all red at the close. Slumping chip stocks pulled down the Nasdaq Composite (-0.56%). The Dow Jones Industrial Average (-0.22%) and S&P 500 (-0.33%) started strong but eventually gave up gains. Super Micro Computer (Nasdaq: SMCI) plunged 32.68%...

October 31 Market Report: Executive Mosaic’s GovCon Index Marks Worst Day and Losing Month
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October 31 Market Report: Executive Mosaic’s GovCon Index Marks Worst Day and Losing Month

Executive Mosaic’s GovCon Index declined 2.31% to $5,356.79, ending October with its most significant one-day loss. The index tracking the performance of stocks in the government contracting sector, also registered a 0.25% month-on-month loss. Wall Street’s top three indexes tumbled due to a broad selloff. The Nasdaq Composite sank 2.76% following the rout of tech...

November 1 Market Report: Executive Mosaic’s GovCon Index Arrests Slide, Wall Street Rises
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November 1 Market Report: Executive Mosaic’s GovCon Index Arrests Slide, Wall Street Rises

Executive Mosaic’s GovCon Index recovered from a steep loss, finishing at $5,375.43, +0.37% higher. Major U.S. stock indexes also ended positive after Thursday’s selloff. The Nasdaq Composite (+0.80%) led the comeback, followed by the Dow Jones Industrial Average (-0.69%) and the S&P 500 Index (+0.41%).     Two tech titans lifted the broad market. Amazon.com...

November 4 Market Report: Executive Mosaic’s GovCon Index Gains, Wall Street Slips Before Election Day
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November 4 Market Report: Executive Mosaic’s GovCon Index Gains, Wall Street Slips Before Election Day

Executive Mosaic’s GovCon Index edged 0.12% higher to $5,383.39, sustaining its gain before the weekend. Wall Street’s top stock indexes slipped ahead of the US presidential elections on Tuesday. The Dow Jones Industrial Average (-61%) fell the most versus the Nasdaq Composite (-0.33%) and S&P 500 (-0.28%).  NVIDIA (Nasdaq: NVDA) will officially become a Dow...

November 5 Market Report: Executive Mosaic’s GovCon Index Surges, Wall Street Regains Momentum
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November 5 Market Report: Executive Mosaic’s GovCon Index Surges, Wall Street Regains Momentum

Executive Mosaic’s GovCon Index surged 1.46% to $5,462.91 for its third-straight daily gain. Market momentum is back on Wall Street on election day. Chip stocks lifted the tech-heavy Nasdaq Composite (+1.43%), while the Dow Jones Industrial Average (+1.02%) and S&P 500 (+1.23%) finished higher on upbeat corporate news.  Among Tuesday’s market movers, top and worst...

November 6 Market Report: Executive Mosaic’s GovCon Index Marks Best Day, New All-Time Highs at Wall Street
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November 6 Market Report: Executive Mosaic’s GovCon Index Marks Best Day, New All-Time Highs at Wall Street

Executive Mosaic’s GovCon Index marked its best day performance, finishing 1.99% higher at $5,573.77. Major U.S. stock indexes also hit new all-time highs after Tuesday’s presidential elections. The Dow Jones Industrial Average (+3.57%) added 1,508.05 points, while the Nasdaq Composite (+2.95%) and S&P 500 (+2.53%) posted significant gains. Wall Street reacted positively to the election...

November 7 Market Report: Executive Mosaic’s GovCon Index Retreats, Post-Election Rally Holds
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November 7 Market Report: Executive Mosaic’s GovCon Index Retreats, Post-Election Rally Holds

Executive Mosaic’s GovCon Index closed lower at $5,562.17 (-0.21%) after registering its first daily loss since Oct. 31. On Wall Street, the broader S&P 500 (-0.74%) and tech-heavy Nasdaq Composite (-1.51%) extended their post-election rallies, while the Dow Jones Industrial Average was flat. An added tailwind for US stocks was the Fed’s rate cut.  GovCon...

November 8 Market Report: Executive Mosaic’s GovCon Index Hits Highest Close, Wall Street Rally Continues
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November 8 Market Report: Executive Mosaic’s GovCon Index Hits Highest Close, Wall Street Rally Continues

Executive Mosaic’s GovCon Index recovered from Thursday’s dip, advancing 1.39% to $5,640.35, its highest close ever. The S&P 500 (+0.38%) and Nasdaq Composite (+0.09%) posted new all-time highs, while the Dow Jones Industrial Average (+0.59%) added nearly 260 points. GCI regains momentum   The GovCon Index regained momentum Friday. Kratos Defense & Security Solutions (Nasdaq:...

November 11 Market Report: Executive Mosaic’s GovCon Index Posts New High, Record Close for Dow Jones
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November 11 Market Report: Executive Mosaic’s GovCon Index Posts New High, Record Close for Dow Jones

Executive Mosaic’s GovCon Index rises 1.02% to $5,698.46, a new high. On Wall Street, the Dow Jones Industrial Average (+0.69%) closed 304.14 points for another record close. The S&P 500 (+.10%) and Nasdaq Composite (+0.06%) posted modest gains. Crypto-related stocks were the top market movers following Bitcoin’s (BTC-USD) climb to $88,455.05. Business intelligence platform and...