Executive Mosaic’s GovCon Index (+0.54%) and the Dow Jones Industrial Average (+0.12%), closed higher on Friday. The S&P 500 Index declined 0.5%, while the tech-heavy Nasdaq Composite shed 166.98 points (-1.23%) to end the week in the red. Investors worry about corporate earnings and the backlash from the Mid-East war. In the oil market, the...
Executive Mosaic’s GovCon Index edge higher, gaining 0.53% to $142.99. The major U.S. indexes also started the week strong, buoyed by optimism on earnings season. Blue-chip Dow Jones rose 0.93% (+324.15 points), while the Nasdaq Composite and S&P 500 advanced 1.2% and 1.06%, respectively. All 11 primary sectors of the benchmark S&P 500 traded higher...
Executive Mosaic’s GovCon Index remains in the green for the third consecutive session, gaining a modest 0.31% to close at $143.44. The benchmark S&P 500 (-0.01%) was flat on Tuesday, while the Dow Jones Industrial Average (+0.04%) edged higher and the Nasdaq Composite slipped 0.25%. Market analysts observed that the bond market continues to pressure...
Executive Mosaic’s GovCon Index slipped into red territory, losing 0.89% to close at an average of $142.17. Major indexes, from the Dow Jones Industrial Average (-0.98%) to the S&P 500 (-1.34%), and the Nasdaq Composite (-1.62%), registered losses. The rise in long-term bond yields triggered the market selloff. The benchmark ten-year U.S. Treasury yield rose...
Executive Mosaic’s GovCon Index finished lower for the second consecutive session, declining 0.79% to $141.06. US stocks fell as the ten-year Treasury seems on track to hit 5% soon. The Dow Jones Industrial Average shed 0.81%, while the S&P 500 (-0.85%) and Nasdaq Composite (-0.96%) also felt the pressure from the bond market. While rising...
Executive Mosaic’s GovCon Index slipped 1.15% to $139.45, extending its slump and posting a weekly loss of 1.96%. The Dow Jones Industrial Average shed 0.86%, while the S&P 500 and Nasdaq Composite fell 1.26% and 1.53%, respectively. Market analysts concede that a strong bond market rattles and weakens stocks. The 10-year Treasury yield crossed 5%...
Executive Mosaic’s GovCon Index slid 0.69% to $138.50, extending its slump to four consecutive sessions. The big three indexes started strong as bond yields eased, but the Dow Jones Industrial Average (-0.58%) and the S&P 500 (-0.17%) lost steam towards the end of trading. Only the Nasdaq Composite snapped the losing streak, advancing 0.27% due...
Executive Mosaic’s GovCon Index broke its losing streak as stocks made a resounding comeback. Wall Street flashed green as the batch of quarterly reports showed better profits and surpassed revenue expectations. The benchmark S&P 500 Index rose 0.73%, the Dow Jones Industrial Average gained 0.62%, and the Nasdaq Composite closed 0.93% higher. Verizon Communications (NYSE:...
Executive Mosaic’s GovCon Index stayed in positive and gained 0.13% to $138.21. However, the major indexes tumbled due to mixed earnings reports and pressure from rising bond yields. The Nasdaq Composite (-2.43%) had its worst day since February, while the S&P 500 (-1.43%) fell below the 4,200 level. Blue-chip Dow Jones did better but still...
Executive Mosaic’s GovCon Index advanced 0.17% to $138.45 in stark contrast to the negative market sentiment. Big tech companies suffered sharp price declines, causing the Nasdaq Composite to lose 255.62 points (-1.76%) and enter correction territory. The S&P 500 Index (-1.18%) fell to its lowest level, while the Dow Jones Industrial Average also registered a...
