Executive Mosaic’s GovCon Index rose 1.14% to $144.92 after fresh data from the Bureau of Labor Statistics showed lower inflation reading. Wall Street welcomed the news, as evidenced by the surge of the Big Three indexes. It was one of the best days in 2023 for the benchmark S&P 500 Index, jumping 1.9% to post...
Executive Mosaic’s GovCon Index slips 0.47% to $144.31 on mid-week amid the extended rally of the Big Three indexes. The benchmark S&P 500 and the tech-heavy Nasdaq Composite gained 0.16% and 0.07% following their powerful rallies the day before. Despite losing steam in the final hour, the blue-chip Dow Jones (+0.47%) posted modest gains. The...
Executive Mosaic’s GovCon Index slipped for the second straight day, closing slightly lower at 144.03. The S&P 500 Index (+0.12%) and Nasdaq Composite (+0.07%) sustained their momentum from Tuesday’s strong rally, but the Dow Jones Industrial Average (-0.13%) snapped its four-day winning streak. Cisco Systems (Nasdaq: CSCO) and Walmart (NYSE: WMT) were the biggest decliners...
Executive Mosaic’s GovCon Index atoned for its loss on Thursday and edged modestly higher to $144.06 (+0.02%). Trading was relatively quiet, although Wall Street registered another winning (third) week. The S&P 500 Index (+0.13%), Nasdaq Composite (+0.08%), and the Dow Jones Industrial Average (+0.01%) had small gains. More than half of the GovCon Index stocks...
Executive Mosaic’s GovCon Index rose to the occasion, finishing 0.71% higher at $145.09 at the start of a shortened week. Wall Street reached its highest level since August, while the S&P 500 (+0.74%) and Nasdaq Composite (+1.13%) extended their winning streak to five days. The Dow Jones Industrial Average gained over 200 points (+0.58%). Microsoft...
Executive Mosaic’s GovCon Index gave up gains from the last three sessions, sliding 0.09% to $144.95. The S&P 500 Index and the Nasdaq Composite snapped their five-day winning streaks, while the blue-chip Dow Jones Industrial Average shed more than 60 points (-0.18%) to close in the red. The Federal Open Market Committee (FOMC) meeting minutes...
Executive Mosaic’s GovCon Index rose 0.40% to $145.90 on the resumption of trading after the holiday. The Dow Jones Industrial Average and the S&P 500 posted modest gains, while the losses in the tech sector pulled down the Nasdaq Composite (-11%). Nearly 63% of the constituents of the tech-heavy index advanced on mid-week or before...
Executive Mosaic’s GovCon Index edged lower to $145.29 at the start of the week. Wall Street’s Big Three also cooled off after four winning weeks. The Dow Jones Industrial Average (-0.16%), the S&P 500 Index (-0.20%), and the Nasdaq Composite (-0.07%) registered modest losses. Despite the collective dip, November could still be the best month...
Executive Mosaic’s GovCon Index slipped 0.24% to $144.94 and stayed in red territory, while the top indexes inched higher. The Nasdaq Composite (+0.29%) had the highest percentage gain, followed by the Dow Jones Industrial (+0.24%) and the S&P 500 (+0.10%). US stocks got a boost from comments by a key Federal Reserve official regarding declining inflation....
Executive Mosaic’s GovCon Index drifted lower again to $144.52, extending its losing streak in post-Thanksgiving to four days. Wall Street’s Big Three had mixed results on mid-week. Only the blue-chip Dow Jones (+0.04%) gained, while the S&P 500 (-0.09%) and Nasdaq Composite (-0.16%) ended in the red. General Motors (NYSE: GM) was among the market...
