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July 10 Market Report: Executive Mosaic’s GovCon Index Rebounds, Tech Rally Lifts Wall Street
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July 10 Market Report: Executive Mosaic’s GovCon Index Rebounds, Tech Rally Lifts Wall Street

Executive Mosaic’s GovCon Index reversed course mid-week with a 1.03% jump to $4,906.86. Wall Street’s major indexes outperformed following a tech rally and renewed rate cut hopes. The Nasdaq Composite (+1.18%) and S&P 500 (+1.02%) posted new record highs, while the Dow Jones Industrial Average (+1.09%) advanced nearly 430 points. ON Semiconductor (Nasdaq: ON) and...

July 9 Market Report: Executive Mosaic’s GovCon Index Ends in Red Zone, S&P 500 and Nasdaq Post New Records
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July 9 Market Report: Executive Mosaic’s GovCon Index Ends in Red Zone, S&P 500 and Nasdaq Post New Records

Executive Mosaic’s GovCon Index gave up Monday’s gain and returned to the red zone with a 0.63% slide to $4,856.12. The Dow Jones Industrial Average (-0.13%) declined for the second straight day, while the Nasdaq Composite (+0.14%) and S&P 500 (+0.07%) recorded new all-time highs despite modest gains. Tesla (Nasdaq: TSLA) rose 2.71% to extend...