Executive Mosaic’s GovCon Index joined Wall Street’s rally to start the week, closing slightly higher at $137.48 (+0.58%). The blue-chip Dow Jones Industrial Average gained 511.37 points (+1.58%) to register its best daily performance since June 2, 2023, while the benchmark S&P 500 Index rose 1.2% to step out of correction territory. Mega-cap tech stocks...
Executive Mosaic’s GovCon Index advanced 1.69% to $139.85 and posted a monthly gain of 3.4%. However, it was a losing month overall for Wall Street. The Dow Jones Industrial Average (+0.38%) and S&P 500 (+0.65%) edged higher but still suffered their first three-month losing streak. The Nasdaq Composite gained 0.48%, although the tech-heavy index declined...
Executive Mosaic’s GovCon Index closed at $140.85 or 0.31% higher to start November and stayed positive for the third consecutive session. The Feds’ decision to keep interest rates steady caused bond yields to pull back, triggering a broad stock rally. All three major indexes finished strong, although a year-end rate hike is still possible. The...
Executive Mosaic’s GovCon Index had another strong finish, ending at $142.31 or 1.43% higher than the previous day. Wall Street kept its upward momentum alive as the ten-year Treasury yield dropped to 4.6888%. The Dow Jones Industrial Average, the S&P 500 Index, and the Nasdaq Composite advanced by 1.7% or more. The 564.5 points gain...
Executive Mosaic’s GovCon Index average closed at $142.77 or 0.32% higher as Wall Street posted its best week in 2023 following a month-long sell-off. The Dow Jones Industrial Average gained 222.4 points (+0.66%), while the S&P 500 Index rose 0.94%. For the tech-heavy Nasdaq Composite, the 1.38% advance resulted in the index’s biggest one-week gain...
Executive Mosaic’s GovCon Index slipped 0.39% to $142.22 after it lost steam from Friday’s rally, but the major indexes edged higher to start the week. The Nasdaq Composite’s narrow 0.30% gain was enough to register its longest winning streak since January 2023. Both the Dow Jones (+0.10%) and S&P 500 (+0.18%) notched six straight days...
Executive Mosaic’s GovCon Index dipped slightly, closing 0.10% lower at $142.08. Wall Street’s Big Three had modest gains but still posted their longest winning streaks since 2021. The Dow Jones Industrial Average advanced 0.17%, while the S&P 500 and Nasdaq Composite rose 0.28% and 0.90%, respectively. Also, the ten-year Treasury yield marched down to 4.57%....
Executive Mosaic’s GovCon Index shed a modest 0.18% to end lower at $140.93, but the downslide since Monday continues. Wall Street flashed red, too, with the Dow Jones Industrial Average (-0.39%) falling for the second straight session. The S&P 500 (-0.43%) ended its eight-day winning streak, while the Nasdaq Composite (-0.40%) lost steam to snap...
Executive Mosaic’s GovCon Index ended the week on a positive note, rising nearly 1% to finish at $142.41. Wall Street seems on track for a strong November as the widespread rally lifted the Big Three and helped them post weekly gains. The Dow Jones Industrial Average gained 391.16 points (+1.15%), while the S&P 500 and...
Executive Mosaic’s GovCon Index edged 0.80% higher to $143.55 along with the Dow Jones Industrial Average (+0.21%) to start the week. However, the S&P 500 (-0.02%) and the Nasdaq Composite fell slightly due to Moody’s downgrading of U.S. credit from stable to negative. The ten-year and 30-year Treasury notes rose to 4.644% and 4.756% ahead...
