Executive Mosaic’s GovCon Index stayed positive, closing at $5,117.16 (+0.02%) on a teeny gain. Wall Street’s major stock indexes retreated from Tuesday’s rally and flashed red again. The Nasdaq Composite (-1.05%) declined the most, while the Dow Jones Industrial Average (-0.60%) and the S&P 500 (-0.77%) finished lower. The sharp losses of chip stocks, including...
Executive Mosaic’s GovCon Index turned positive after three consecutive daily losses, drifting 0.15% higher to $5,108.61. Wall Street’s major stock indexes recovered from a massive tailspin that began Aug 1. The S&P 500 and Nasdaq Composite rallied more than one percent, while the Dow Jones Industrial Average (+0.76%) gained nearly 300 points. Real estate and...
Executive Mosaic’s GovCon Index had its worst single-day performance, dropping 2.15% to $5,108.61. The rout of U.S. stocks that began Aug. 1 entered its third day with the Nasdaq Composite plunging 3.43%. It was the worst day for the S&P 500 (-3.0%) since 2022, while the Dow Jones Industrial Average (-2.6%) fell to a seven-week...
Executive Mosaic’s GovCon Index pulled back 0.89% to $5,218.19, ending the week in the red. Wall Street sunk further due to heightened volatility caused by a weakening economy and labor market. The Nasdaq Composite tumbled 2.43%, while the S&P 500 (-1.84%) and Dow Jones Industrial Average (-1.51%) dropped sharply. Intel (Nasdaq: INTC) was the worst...
Executive Mosaic’s GovCon Index snapped its winning streak, sliding 0.45% to $5,264.46. Wall Street turned red after a strong finish mid-week due to fears of recession. The Nasdaq Composite (-2.30%) and S&P 500 (-1/37%) sunk, while the Dow Jones Industrial Average (-1.21%) shed nearly 495 points. Social media giant Meta Platforms’ (Nasdaq: META) better-than-expected Q2...
Executive Mosaic’s GovCon Index registered its most substantial monthly gain after advancing 1.33% to $5,288.22. The 6.94% month-on-month gain beat the +5.25% established on Feb. 29 this year. Parsons (NYSE: PSN), GCI’s top performer Wednesday, climbed 18.39% to $91.37 after reporting record results since IPO for Q2 2024. Investors’ mood on Wall Street was upbeat...
Executive Mosaic’s GovCon Index surged Tuesday, rising 0.52% to its highest close of $5,217.71. Wall Street ended mixed due to the retreat of tech stocks. The Nasdaq Composite (-1.28%) and S&P 500 (-0.50%) plunged, while the Dow Jones Industrial Average (0.50%) gained 203 points. Big tech names are on tap to present their second-quarter results...
Executive Mosaic’s GovCon Index turned positive, inching 0.16% higher to $5,190.38 and registering a new record close. Wall Street hardly moved from Friday’s strong rally, although the Dow Jones Industrial Average (-0.12%) ended slightly lower. The S&P 500 (+0.08%) and Nasdaq Composite (+0.07%) had modest gains. The earnings schedule was light, and no major economic...
Executive Mosaic’s GovCon Index declined slightly from its record high to close at $5,181.95 (-0.03%). Wall Street’s three major indexes rose sharply on strong tailwinds. The Dow Jones Industrial Average (+1.64%) added more than 650 points, while the S&P 500 (-1.11%) and Nasdaq Composite (-1.03%) ended their two-day slump. NYSE activity was brisk as...
Executive Mosaic’s GovCon Index bucked the tech slump, gaining 1.51% to a new record close of $5,183.86. The Nasdaq Composite (-0.93%) and S&P 500 (-0.51%) extended their losses, while the Dow Jones Industrial Average (+0.20%) inched higher. AI stocks are trending down ahead of critical inflation data due Friday. The tech-heavy Nasdaq had momentum in...
