Executive Mosaic’s GovCon Index rebounded from Tuesday’s loss, climbing 1.01% to $135.64. Nasdaq Composite (+0.22%) and the S&P 500 Index (-0.02%) edged higher, but the Dow Jones finished in the red. The 10-year Treasury Yield rose five basis points to 4.612%, reaching its highest level in 15 years.
November 23, 2024
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October 30, 2023November 21, 2024Uncategorized
October 27 Market Report: Executive Mosaic’s GovCon Index & Major US Indexes Post Weekly Losses, Recession Fear is Back
Executive Mosaic’s GovCon Index registered a weekly loss (-1.98%) after sliding 1.29% to $136.69 on Friday. The Dow Jones Industrial Average (-1.12%) and the S&P 500 Index (-0.48%) closed lower, except for the tech-heavy Nasdaq Composite (+0,38%). All three major indexes posted steep losses for the week.
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November 9, 2023November 21, 2024Uncategorized
November 8 Market Report: Executive Mosaic’s GovCon Index and Dow Jones Lose Steam, S&P 500 and Nasdaq Extend Win Streak
Executive Mosaic’s GovCon Index lost steam and finished 0.63% lower at $141.19. Wall Street ended mixed on mid-week, with the Dow Jones Industrial losing 0.12% and the benchmark S&P 500 gaining 0.10%. The tech-heavy Nasdaq Composite (+0.08%) extended its winning streak to nine consecutive sessions.
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December 4, 2023November 21, 2024Uncategorized
December 1 Market Report: Executive Mosaic’s GovCon Index Rises, Dow Jones and S&P 500 Post New Highs
Executive Mosaic’s GovCon Index climbed 1.37% to $148.15 while the Big Three U.S. indexes outperformed to start December. The broad market index S&P 500 and the blue-chip Dow Jones Industrial Average rose 0.59% and 0.82%, respectively, to close at new highs. The tech-heavy Nasdaq Composite wasn’t far behind, advancing 0.55%.
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December 6, 2023November 21, 2024Uncategorized
December 5 Market Report: Executive Mosaic’s GovCon Index Snaps Winning Streak, Dow Jones and S&P 500 Cool
Executive Mosaic's GovCon Index dipped 1.01% to $152.51, ending its four-day winning streak. The Dow Jones Industrial Average (-0.22%) and the S&P 500 lost steam too not the Nasdaq Composite (+0.31%). Despite the lackluster Tuesday, the major indexes remain up for the quarter and the year.
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December 29, 2023November 21, 2024Uncategorized
December 28 Market Report: Executive Mosaic’s GovCon Index Joins Modest Santa Rally, S&P Nears Record Territory
Executive Mosaic’s GovCon Index eked a small gain to $4,660.50 (+0.01%) amid muted trading. The Dow Jones Industrial Average (+0.14%) advanced, while the S&P 500 (+0.04%) is 13 points short of its all-time closing high in January 2022. Only the Nasdaq Composite (-0.03%) slipped during the modest Santa Rally.
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January 22, 2024November 21, 2024Uncategorized
January 19 Market Report: Executive Mosaic’s GovCon Index Edges Higher, S&P 500 Posts New All-Time High
Executive Mosaic’s GovCon Index gained 0.04% to close slightly higher at $4,609.49. The S&P 500 Index advanced 1.23% to surpass its previous all-time high recorded in January 2022, while the blue-chip Dow Jones (+1.05%) registered a second record close in 2024. Surging tech stocks pushed the Nasdaq Composite higher (+1.70%).
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February 5, 2024November 21, 2024Uncategorized
February 2 Market Report: Executive Mosaic’s GovCon Index Dips Slightly, Dow Jones and S&P 500 Notch New Records
Executive Mosaic’s GovCon Index dipped slightly from Thursday to end at $4,651.09 (-0.01%). However, the Dow Jones Industrial Average (+0.35%) and S&P 500 (+1.07%) set new records again, buoyed by solid job numbers in December. The Nasdaq Composite rose 1.74% thanks to the stellar gains of two tech giants.
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February 8, 2024November 21, 2024Uncategorized
February 7 Market Report: Executive Mosaic’s GovCon Index Sustains Momentum, S&P 500 Nears 5,000 Mark
Executive Mosaic’s GovCon Index sustained momentum and rose 0.84% to $4,696.70 ($156.56 average). Wall Street had a good trading session as the S&P 500 (+0.82%) notched its eighth record close in 2024 and neared the 5,000 mark. The Dow Jones Industrial Average (+0.41%) and Nasdaq Composite (+0.95%) had solid gains.
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February 9, 2024November 21, 2024Uncategorized
February 8 Market Report: Executive Mosaic’s GovCon Index Stays Positive, S&P 500 Posts New Record on Limited Gain
Executive Mosaic’s GovCon Index stayed positive and closed slightly higher at $4,699.42 (+0.06%). Wall Street’s major indexes had limited gains, although the benchmark S&P 500 Index (+0.06%) still posted a new record high. The Dow Jones Industrial Average (+0.13%) and Nasdaq Composite (+0.24%) held steady due to strong corporate earnings.
