Executive Mosaic’s GovCon Index settled higher at $5,372.88 (+0.47%) after Tuesday’s retreat. Wall Street’s major stock indexes turned positive, too, on rising odds of a September rate cut. The Nasdaq Composite (+0.57%) and S&P 500 (+0.42%) hit one-month and four-week highs, respectively, while the Dow Jones Industrial Average (+0.14%) rose modestly. Target (NYSE: TGT)...
Executive Mosaic’s GovCon Index ended its mild bull run of 10 days, closing 0.25% lower at $5,347.60. Wall Street’s major indexes also snapped their winning streaks. The Nasdaq Composite fell 0.33%, while the Dow Jones Industrial (-0.15%) and S&P 500 (-0.15%) finished in the red on modest losses. Palo Alto Networks (Nasdaq: PANW) rose 7.18%...
Executive Mosaic’s GovCon Index ends 0.35% higher at $5,361.04 for its highest close following 10 straight positive finishes. Wall Street was all green on broad-based gains. The Dow Jones Industrial Average (+0.58%) and S&P 500 (+0.97%) kept their winning streaks going, and so did the Nasdaq Composite (+1.39%) besides climbing out of correction territory. All 11...
Executive Mosaic’s GovCon Index rose 0.32% to $5,342.51 and set new records. In addition to staying positive from Monday to Friday, the index extended its winning streak to nine days. Wall Street’s major stock indexes bounced back from a sharp selloff, culminating with modest gains to end the week. The Magnificent Seven stocks, except for Alphabet...
Executive Mosaic’s GovCon Index advanced 0.70% to $5,327.33, a new high following eight consecutive daily gains since Aug. 6. Wall Street’s main indexes rose within record levels on fresh economic data. The Nasdaq Composite rose 2.34%, while the S&P 500 (+1.61%) and the Dow Jones Industrial Average (+1.39%) ended sharply higher. Walmart (NYSE: WMT)...
Executive Mosaic’s GovCon Index rose 0.66% to $5,290.05 mid-week for its seventh straight daily gain, matching its longest winning streak in May. Wall Street’s major stock indexes stayed positive as U.S. inflation dropped to 2.9% in July or below 3% for the first time since March 2021. The rate peaked at 9.1% in June 2022....
Executive Mosaic’s GovCon Index sustained its upward trend, rising 0.48% to $5,255.33. Market momentum returned to Wall Street, evidenced by the substantial gain of the tech-heavy Nasdaq Composite (+2.43%). The Dow Jones Industrial Average (+1.04%) climbed 408.63 points, while the broad S&P 500 Index added 1.68%. Tech stocks rallied and around 81% of NYSE stocks...
Executive Mosaic’s GovCon Index rose modestly for the second straight trading session, closing slightly higher at $5,229.90 (+0.26%) but extending its winning streak to five days. The S&P 500 was flat to start the week, while the Nasdaq Composite (+0.21%) inched up and the Dow Jones Industrial Average (-0.36%) ticked lower. KeyCorp (NYSE: KEY) was...
Executive Mosaic’s GovCon Index rose modestly to $5,216.43 (+0.17%) following a nearly 2% advance on Thursday. The Nasdaq Composite (+0.51%), S&P 500 (+0.47%) and the Dow Jones Industrial Average (+0.13%) ticked higher, coming from a torrid rally and sizeable gains a day before. Cloud computing firm Akamai Technologies (Nasdaq: AKAM) reported better-than-expected top and bottom-line...
Executive Mosaic’s GovCon Index rose 1.74% to $5,207.70, its second-best daily performance, and extended its winning streak to three days. Wall Street staged a strong comeback on favorable labor market news. The Nasdaq Composite (+2.87%) and S&P 500 (+2.30%) recovered from Wednesday’s losses, while the Dow Jones Industrial Average (+1.76%) advanced 683 points. All Magnificent...
