Executive Mosaic’s GovCon Index turned green, with gainers lifting the total to $4,609.23 (+0.88%). All the major U.S. indexes atoned for their sharp drops on mid-week. The Dow Jones Industrial Average climbed more than 300 points, while the Nasdaq Composite ticked higher. The S&P 500 resumed its rally and is within 1% of its all-time...
Executive Mosaic’s GovCon Index ended the week with positive returns, rising 0.57% to $4,635.67. The benchmark S&P 500 (+0.17%) registered its longest winning streak since 2017, while the Nasdaq Composite (+0.19%) ticked higher. Only the Dow Jones Industrial Average finished in the red, although it hit a record high during the week. On the GovCon...
Executive Mosaic’s GovCon Index rose 0.41% to $4,654.78 in what could be the start of the Santa Rally. Wall Street’s Big Three indexes ended higher to start the last but holiday-shortened trading week in 2023. The Dow Jones Industrial Average and S&P 500 increased by 0.4%, while the Nasdaq Composite gained 0.5%. Trading was relatively...
Executive Mosaic’s GovCon Index gained 0.11% to $4,660.09 and kept pace with the major indexes. The Dow Jones Industrial Average (+0.30%) registered its sixth record close this month, while the S&P 500 is on the cusp of matching its 2022 record. More than 200 tech stocks hit new 52-week highs to lift the Nasdaq Composite...
Executive Mosaic’s GovCon Index rose 0.17% to $4,668.47 to extend its post-Christmas rally to four days. However, Wall Street’s major indexes lost steam and ended in the red on year-end. Still, it was a blockbuster year for U.S. stocks, as evidenced by robust gains of the Big Three. Besides the 24% overall return in 2023,...
Executive Mosaic’s GovCon Index slipped 0.39% to $4,650.38 to snap its five-day winning streak. US stocks tumbled at the start of 2024, although the Dow Jones Industrial Average (+0.07%) gained slightly. The Nasdaq Composite (-1.63%) lost steam, while the S&P 500 (-0.57%) finished lower. Mega-cap tech stocks were big winners last year, but slumped on...
Executive Mosaic’s GovCon Index fell sharply to $4,584.88 after losing 1.43%. The first two trading days of January should have been part of the Santa Claus Rally, but red flashed all over Wall Street. Instead, the Nasdaq Composite (-1.18%), S&P 500 (-80%), and the Dow Jones Industrial Average (-0.76%) lost ground and posted negative returns....
Executive Mosaic’s GovCon Index closed 0.20% lower to $4,575.60, extending its slump to three days. Major indexes tried to shake off the rocky start in 2024, but only the Dow Jones Industrial Average (+0.03%) eked out a gain. The S&P 500 (-0.34%) and Nasdaq Composite (-0.56%) stayed in red territory. New contract awards boosted...
Executive Mosaic’s GovCon Index dipped 0.21% to $4,565.98, extending its skid in January to four days. Wall Street’s major indexes see-sawed between gains and losses but eventually edged higher to end a lackluster week. The ten-year Treasury yield rose above 4% after the U.S. Bureau of Labor Statistics reported a stronger-than-expected December jobs report. Total...
Executive Mosaic’s GovCon Index rose 0.31% to $4,580, snapping its four-day skid in January. Big Tech stocks led a market rally that lifted the Nasdaq Composite (+2.2%) and the S&P 500 (+1.41%). The blue-chip Dow Jones Industrial Average ticked higher (+0.58%) and registered three straight days of gains. NVIDIA (Nasdaq: NVDA) surged 6.43% to a...
