Executive Mosaic’s GovCon Index settled lower at $5,233.81 following a 0.83% drop. The Nasdaq Composite (+0.20%) and S&P 500 (+0.03%) posted tiny gains, while the Dow Jones Industrial Average (-0.04%) tilted to the red zone. The GovCon Index fell into negative territory as losers edged gainers. Carlyle Group (NYSE: CG) rose 2.22% to lead 14...
Category: News
September 16 Market Report: Executive Mosaic’s GovCon Index Sustains Gains, Dow Jones Hits New Record High
Executive Mosaic’s GovCon Index rose 0.4% and finished higher at $5,277.31 to start a new trading week. The Dow Jones Industrial Average (+0.55%) hit a new record close, while the S&P 500 (+0.13%) inched higher. However, tech stocks retreated and pulled down the Nasdaq Composite (-0.52%). Apple (Nasdaq: AAPL) declined 2.78% due to slow pre-orders...
September 13 Market Report: Executive Mosaic’s GovCon Index Posts Gain, Wall Street Extends Rally
Executive Mosaic’s GovCon Index finished strong before the weekend, rising 0.85% to $5,256.32. Wall Street sustained its rally due to speculations of a jumbo rate cut by the Feds. The Dow Jones Industrial Average (+0.72%) added almost 300 points, while the Nasdaq Composite (+0.65%) and S&P 500 (+0.54%) extended their winning streaks to five days....
September 12 Market Report: Executive Mosaic’s GovCon Index and Wall Street End Higher
Executive Mosaic’s GovCon Index snapped its two-day losing streak, rising 0.63% to $5,212.26. Wall Street sustained its momentum following the gains of the Nasdaq Composite (+1%) and benchmark S&P 500 Index (+0.75%). The blue-chip Dow Jones Industrial Average (+0.58%) added 235 points. About 77% of NYSE stocks and nearly 60% of Nasdaq constituents advanced Thursday....
September 11 Market Report: Executive Mosaic’s GovCon Index Stays Red as Wall Street Turns Green
Executive Mosaic’s GovCon Index stayed red mid-week, settling lower at $5,179.66 (-0.13%). Wall Street’s top three indexes posted gains, with the Nasdaq Composite (+2.17%) leading the way. The Dow Jones Industrial Average (+0.31%) and S&P 500 (+1.07%) started with losses but finished positive at the closing bell. Arm Holdings (Nasdaq: ARM) and NVIDIA (Nasdaq: NVDA)...
September 9 Market Report: Executive Mosaic’s GovCon Index Rebounds, Wall Street Ends Positive
Executive Mosaic’s GovCon Index finished in positive territory Monday, rising 1.35% to $5,201.87. Major U.S. stock exchanges turned green following steep losses on Friday. The Dow Jones Industrial Average gained 1.2%, or nearly 485 points, while the S&P 500 and Nasdaq Composite advanced by an identical 1.6%. Chipmakers and airline stocks helped Wall Street recover...
September 6 Market Report: Executive Mosaic’s GovCon Index Falls, Wall Sinks Deeper
Executive Mosaic’s GovCon Index had a forgettable ending to the holiday-shortened week, falling 1.74% to $5,312.73. Wall Street’s major stock indexes flashed red due to a weakening job market. The Dow Jones Industrial Average (-1.01%), S&P 500 (-1.73%) and Nasdaq Composite (-2.55%) registered their worst starts to September in years, according to published reports. ...
September 5 Market Report: Executive Mosaic’s GovCon Index Ends in the Red on Heightened Volatility
Executive Mosaic’s GovCon Index ended in red territory following a 0.77% drop to $5,405.12 due to heightened market volatility. The Dow Jones Industrial Average (-0.54%) and S&P 500 (-0.30%) settled lower on signs of a weakening labor market. Only the tech-heavy Nasdaq Composite (+0.25%) bucked the downward trend. Discount store Dollar Tree (Nasdaq: DLTR) and...
September 4 Market Report: Executive Mosaic’s GovCon Index Turns Positive, Wall Street Ends Mixed
Executive Mosaic’s GovCon Index recovered from Tuesday’s sharp selloff, ending slightly higher at $5,446.83. Only the Dow Jones Industrial Average (+0.09%) ended positive on Wall Street. The Nasdaq Composite (-0.30%) and S&P 500 (-0.16%) registered 3-week and two 1/2-week lows on modest losses. More than half of NYSE stocks and Nasdaq components finished in the...
September 3 Market Report: Executive Mosaic’s GovCon Index Sinks, Wall Street Tumbles on Sharp Selloff
Executive Mosaic’s GovCon Index lost footing after a strong finish to August, sinking 1.95% to $5,432.63. Fears of a weakening economy caused the rocky start in September. The Nasdaq Composite (-3.26%) and S&P 500 (-2.12%) suffered their worst day since early August, while the Dow Jones Industrial Average (-1.51%) shed 626 points. Wall Street lost...