Executive Mosaic’s GovCon Index posted a second straight daily loss, declining 0.49% and ending the week lower at $5,076.36. The Nasdaq Composite (+0.81%) and S&P 500 (+0.25%) hit record highs anew, while the Dow Jones Industrial Average (-0.28%) extended its slump from the previous day. Friday’s top gainers were Lululemon Athletica (Nasdaq: LULU) and Hewlett...
Executive Mosaic’s GovCon Index fell 1.14% to $5,019.24 for its third consecutive daily loss and fifth loss after only six trading days in December. Wall Street turned red from profit-taking pressure. The Nasdaq Composite (-0.62%) and S&P 500 (-0.61%) retreated from record highs, while the Dow Jones Industrial Average (-0.54%) extended its losing streak to...
Executive Mosaic’s GovCon Index finished slightly higher at $5,037.66 (+0.37%), but the major US exchanges did not recover from Monday’s retreat and stayed red. After four consecutive daily losses, the Dow Jones Industrial Average (-0.35%) declined to a two-month low. The tech-heavy Nasdaq lost momentum, evidenced by only 273 advancers (32%). However, Alphabet (Nasdaq: GOOGL)...
Executive Mosaic’s GovCon Index tanked 0.80% to close at $4,997.51. It was a record-setting day for the Nasdaq Composite (+1.77%) as the tech-heavy index finished above 20,000 points for the first time. The S&P 500 (+0.82%) regained strength, while the Dow Jones Industrial Average (-0.22%) is on a losing run for five days. Google parent...
Executive Mosaic’s GovCon Index tumbled 0.91% to $4,952.34 following a broad-based retreat. The tech-heavy Nasdaq Composite (-0.66%) and S&P 500 (-0.54%) settled lower, while the Dow Jones Industrial Average (-0.53%) extended its losing streak to six days. Magnificent Seven stocks, except for Apple (Nasdaq: AAPL) and Microsoft (Nasdaq: MSFT), registered losses Thursday. Software company Adobe...
Executive Mosaic’s GovCon Index slipped fractionally (-0.09%) to $4,947 for its fourth loss in five sessions. The Dow Jones Industrial Average (-0.20%) extended its losing run to seven days, while the S&P 500 was flat. Only the Nasdaq Composite (+0.12%) ended in positive territory. Only 33% of NYSE stocks and Nasdaq Composite advanced before the...
Executive Mosaic’s GovCon Index turned positive Monday, following a 1.26% gain to $5,010.83. The tech-heavy Nasdaq Composite (+1.24%) closed at a new record high of 20,173.89, while the broad S&P 500 Index (+0.38%) settled higher. However, the blue-chip Dow Jones Industrial Average (-0.25%) recorded its eighth straight losing day. The day’s pace-setters, consumer discretionary, communications...
Executive Mosaic’s GovCon Index erased Monday’s gains, falling 1.24% and closing below $5,000 for the fourth time this month. The Dow Jones Industrial Average (-0.61%) extended its losing streak to nine days, its most prolonged downturn since 1978. Tech stocks led the broad market retreat a day ahead of the US Feds’ rate decision. ...
Executive Mosaic’s GovCon Index tanked 2.64% to $4,822.05 for its second-worst single-day performance since the launch. Major US benchmarks also plunged midweek despite a rate cut announcement. The Nasdaq Composite and S&P 500 fell -3.56% and -2.95%, while the Dow Jones Industrial Average (-2.58%) closed at a six-week low besides logging its tenth straight daily...
Executive Mosaic’s GovCon Index recovered from a steep loss midweek, gaining 0.45% to $4,843.85. Wall Street’s major indexes were nearly flat, although the Dow Jones Industrial Average (-0.04%) leaned toward positive to end its ten-day losing streak. The Nasdaq Composite (-0.10%) and S&P 500 ticked lower. However, the 10-year Treasury yield closed above the 4.5%....
