Executive Mosaic’s GovCon Index reversed course after two positive days, falling 1.52% to $5,105.57. Big-tech names, particularly the Magnificent Seven, sent the Nasdaq Composite (-3.64%) crashing on Wednesday. The S&P 500 (-2.31%) also went into a tailspin, while the Dow Jones Industrial Average (-1.25%) shed 504 points. Tesla (Nasdaq: TSLA) plunged 12.33% after the electric...
Executive Mosaic’s GovCon Index finished strong for the second straight day, rising 1.39% to $5,183.03, a new record close. Wall Street turned red on mild losses by the Dow Jones Industrial Average (-0.14%), S&P 500 (-0.16%), and the Nasdaq Composite (-0.06%). All three major indexes paused their record runs, although momentum remains as more than...
Executive Mosaic’s GovCon Index rose 1.12% to $5,111.02 for its second-best start to a week. Wall Street was all green following an IT outage Friday, a political development over the weekend, and the first rate cut in China on Monday. The Nasdaq Composite (+1.58%) and S&P 500 (+1.08%) posted significant gains, while the Dow Jones...
Executive Mosaic’s GovCon Index registered a third straight daily loss, sliding 0.66% to $5,083.86. Wall Street’s major exchanges lost steam towards week’s end, with the Dow Jones Industrial Average (-0.93%) shedding almost 380 points. The S&P 500 (-0.71%) and Nasdaq Composite (-0.81%) declined as rotation from tech stocks intensified. AI king NVIDIA (Nasdaq: NVDA) dipped...
Executive Mosaic’s GovCon Index posted a modest loss for the second straight day, closing at $5,087.07 (-0.17%). Wall Street flashed red due to a broader market selloff. The Dow Jones Industrial Average shed 533 points (-1.29%), while the S&P 500 (-0.78%) and Nasdaq Composite (-0.70%) dropped sharply. Around 80% and 79% of NYSE stocks and...
Executive Mosaic’s GovCon Index ended its five-day winning streak, sliding 0.19% to $5,095.82. The Nasdaq Composite (-2.77%) had its worst day due to the slump of microchip shares, while the S&P 500 (-1.39%) suffered a sharp drop. Only the Dow Jones Industrial Average (+0.59%) survived the selloff and posted a third straight record close. The...
Executive Mosaic’s GovCon Index had its best day Tuesday, advancing 2% to $5,105.25. The index, which tracks the stock performances of 30 major government contractors, also marked its highest close since its introduction in December last year. The Dow Jones Industrial Average (+1.85%) advanced 742.76 points to 40,954.48, erasing its all-time high record the day...
Executive Mosaic’s GovCon Index rose 0.41% to $5,003.20 for its fourth straight daily gain since mid-week last week. Wall Street was steady to start the week following an assassination attempt on a former POTUS during a rally on July 13. The blue-chip Dow Jones Industrial Average (+0.53%) rose 210 points to finish at 40,211.72 points,...
Executive Mosaic’s GovCon Index stretched its winning streak to three trading sessions, rising 0.58% to $4,982.68. Wall Street’s three major stock indexes had nearly identical gains Friday. The Dow Jones Industrial Average (+0.62%) hit a new all-time high in intraday trading, then settled at 40,000.90 points. Momentum is back, with 76% and 68% of NYSE...
Executive Mosaic’s GovCon Index closed positive for the second straight day, rising 0.96% to $4,954.32. Wall Street sustained momentum from mid-week but eventually retreated due to a tech selloff. Only the Dow Jones Industrial Average (+0.08%) stayed green. The Nasdaq Composite (-1.95%) registered it worst performance since April following the slump of mega-cap tech...
