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November 30 Market Report: Executive Mosaic’s GovCon Index Ends Higher, Best Month for Wall Street
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November 30 Market Report: Executive Mosaic’s GovCon Index Ends Higher, Best Month for Wall Street

Executive Mosaic’s GovCon Index popped 1.1% to $146.13 for a resounding end to November. The Dow Jones Industrial advanced 1.47% to post a new high for the year, while the S&P 500 rose 0.38%. Both indexes closed out the month with an 8.9% gain. Profit-taking brought down the Nasdaq Composite (-0.23%), although the tech-heavy index...

December 4 Market Report: Executive Mosaic’s GovCon Index Sustains Momentum, Big Three Indexes Slips
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December 4 Market Report: Executive Mosaic’s GovCon Index Sustains Momentum, Big Three Indexes Slips

Executive Mosaic’s GovCon Index sustained its momentum, rising 1.37% to $149.83. Wall Street’s Big Three lost steam and gave up gains from the previous session while the ten-year Treasury yield rose to 4.259%. Eight of the 30 GCI stocks closed in the red, but Science Applications International Corporation (NYSE: SAIC), the top advancer, jumped 13.41%...

December 6 Market Report: Executive Mosaic’s GovCon Index Slides, Wall Street Turns Red
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December 6 Market Report: Executive Mosaic’s GovCon Index Slides, Wall Street Turns Red

Executive Mosaic’s GovCon Index drooped lower for the second straight day (-0.26%), closing at $152.12. Wall Street turned red, with all three major indexes retreating. Energy stocks retreated mid-week and pulled down the Dow Jones (-0.19%) and S&P 500 (-0.39%). The Nasdaq Composite gave up 83.2 points or 0.58%. Oil prices fell to its lowest...

December 7 Market Report: Executive Mosaic’s GovCon Index Extends Losing Streak, US Indexes Tick Higher
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December 7 Market Report: Executive Mosaic’s GovCon Index Extends Losing Streak, US Indexes Tick Higher

Executive Mosaic’s GovCon Index registered a three-day losing streak after dipping 0.30% to $151.66. All three major indexes fared better, with the tech-heavy Nasdaq Composite gaining 1.37%. The Dow Jones Industrial Average (+0.17%) and S&P 500 Index (+0.18%) ticked higher to remain near their highest levels since March 2022. Alphabet (Nasdaq: GOOGL), Google’s parent company,...

December 8 Market Report: Executive Mosaic’s GovCon Index and Wall Street Close the Week Higher
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December 8 Market Report: Executive Mosaic’s GovCon Index and Wall Street Close the Week Higher

Executive Mosaic’s GovCon Index gained 0.23% to $152.01 to end the week in the green along with the Wall Street. The broader index, the S&P 500, rose 0.41% to settle at 4,604.37 points, its highest close for the year. Both the Dow Jones (+0.36%) and Nasdaq Composite (+0.45%) had six winning weeks, the indexes’ longest...

December 11 Market Report: Executive Mosaic’s GovCon Index Starts Strong, Wall Street Extends Weekly Winning Streaks
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December 11 Market Report: Executive Mosaic’s GovCon Index Starts Strong, Wall Street Extends Weekly Winning Streaks

Executive Mosaic’s GovCon Index had a strong start for the week, rising 0.78% to $153.21. The major indexes achieved milestones, with the S&P 500 Index (+0.39%) and the Nasdaq Composite registering six straight weeks of gains. It was the third winning day for the Dow Jones Industrial Average (+0.43%) and its highest close since January...

December 13 Market Report: Executive Mosaic’s GovCon Index Surges, Wall Street Celebrates End of Rate Hikes
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December 13 Market Report: Executive Mosaic’s GovCon Index Surges, Wall Street Celebrates End of Rate Hikes

Executive Mosaic’s GovCon Index total surged 1.01% to $4,666.38 as Wall Street turned festive. Investors celebrated after the Feds held rates steady, signalling the end of rate hikes. The Dow Jones rose more than 500 points (+1.4%) to close at a record high, while the S&P 500 and Nasdaq Composite gained 1.37% and 1.38%, respectively....

December 14 Market Report: Executive Mosaic’s GovCon Index Slides, Major Indexes Post Modest Gains
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December 14 Market Report: Executive Mosaic’s GovCon Index Slides, Major Indexes Post Modest Gains

Executive Mosaic’s GovCon Index Total slipped 1.27% to $4,607.81 as most of its constituents closed in the red. Wall Street’s major indexes almost faltered but managed to post modest gains. The Dow Jones Industrial Average (+0.43%) closed at another record high, while the S&P 500 (+0.26%) and Nasdaq Composite (+0.19%) edged higher. Investors were still...

December 15 Market Report: Executive Mosaic’s GovCon Index Edges Lower, Wall Street Still on Overdrive
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December 15 Market Report: Executive Mosaic’s GovCon Index Edges Lower, Wall Street Still on Overdrive

Executive Mosaic’s GovCon Index Total ended the week weaker, edging 0.26% lower to $4595.81. Despite erratic trading activity, Wall Street remained on overdrive. The Dow Jones Industrial Average (+0.15%) recorded its third all-time high in a row, while the Nasdaq Composite (+0.35%) hit a record close. The S&P 500 (-0.01%) was relatively flat but marked...

December 18 Market Report: Executive Mosaic’s GovCon Index Returns to Positive Territory
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December 18 Market Report: Executive Mosaic’s GovCon Index Returns to Positive Territory

Executive Mosaic’s GovCon Index is back in positive territory after rising 0.27% and lifting the total to $4,603.34. The Nasdaq Composite (+0.62%) extended its winning streak to eight days, while the S&P 500 (+0.45%) inched closer to its all-time closing high posted in January 2022. Only the Dow Jones Industrial Average (+0.00%) stayed flat to...