Executive Mosaic’s GovCon Index rose 0.67% to $5,127.08, concluding its longest losing streak. The broad S&P 500 Index was flat on Wall Street, while the blue-chip Dow Jones Industrial Average (+0.32%) snapped its four-day skid. The tech-heavy Nasdaq Composite (-0.11%) flipped red following a modest loss.
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November 19 Market Report: Executive Mosaic’s GovCon Index Slips, Downtrend Continues
Executive Mosaic’s GovCon Index edged slightly lower to $5,092.63 (-0.17%), extending its losing streak to six days. The blue-chip Dow Jones Industrial Average (-0.13%) posted its fourth-straight daily loss, while the tech-heavy Nasdaq Composite (+0.60%) and broad S&P 500 Index (+0.39%) stayed positive. Market volatility rose due to geopolitical risks.
September 25 Market Report: Executive Mosaic’s GovCon Index & U.S. Indices Close Modestly Higher to Start a Critical Week
Executive Mosaic’s GovCon Index averted a three-losing streak, while the major US indices ended their slump to start a critical week. However, the equities market remains shaky due to surging bond yields, downward revisions of corporate earnings estimates, and a potential government shutdown.
Air National Guard Selects CodeMettle’s Solution for Tactical Edge Network Operations
CodeMettle has received a contract to provide network operation software licenses for National Guard Air Force Special Warfare all-domain command and control systems. According to the company's chief operating officer, Mike Mostow, the new solution will simplify the Air National Guard's increasingly complex hardware and networking requirements at the edge, easing the deployments of communications units at the frontline. The C2 systems will be bundled with the software that enables the management of disparate node components like backhaul, electronic warfare, dismount radio frequency and tactical data link, CodeMettle said Monday.
4% CAGR Set for Home and Garden Products Market
The global home and garden products market had total revenues of $1.3 million in 2015, representing a compound annual growth rate of 4.1 percent between 2011 and 2015, according to a new study from Consumer Market Research. The U.S. accounts for the largest home and garden products market, accounting for 37.1 percent of the global...
December 12 Market Report: Executive Mosaic’s GovCon Index and US Stocks Swing Higher, Feds Hold Last Meeting in 2023
Executive Mosaic’s GovCon Index Total rose 0.5% to $4,619.20 and swung higher along with most U.S. stocks. The Dow Jones (+0.48%) and S&P 500 Index (+0.46%) hit their highest intraday levels since January 2022, while The Nasdaq Composite rose 0.70% to touch a new intraday high since April last year.
February 5 Market Report: Executive Mosaic’s GovCon Index and Wall Street Sink, Hope of Early Rate Cut Fades
Executive Mosaic’s GovCon Index slipped further to $4,615.41 (-0.77%) as investors’ confidence sank to start the week. Fed Chairman Jerome Powell confirmed on Sunday that no rate cut is coming in March. The Dow Jones Industrial Average (-0.71%), the S&P 500 (-0.32%) and the Nasdaq Composite (-0.20%) tumbled in unison.
September 10 Market Report: Executive Mosaic’s GovCon Index Slides, Major US Indexes Mixed
Executive Mosaic’s GovCon Index fell into red territory after sliding 0.3% to $5,186.24. The Dow Jones Industrial Average (-0.23%) edged lower, while the broader S&P 500 Index (+0.45%) and the tech-heavy Nasdaq Composite (+0.84%) rose for the second straight day.
May 31 Market Report: GovCon Index, US Stock Indices in Red Before House Vote on Debt Ceiling Bill
Executive Mosaic's GovCon Index ended the month of May in negative territory as U.S. stocks declined ahead of a U.S. House of Representatives vote on the bipartisan deal between President Joe Biden and House Speaker Kevin McCarthy to suspend the debt limit for two years.
June 1 Market Report: GovCon Index, US Stocks Higher as Debt Ceiling Measure Approaches Finish Line
Executive Mosaic's GovCon Index and the major U.S. stock indexes surged as investors watched a bill to suspend the debt ceiling and cap government spending move through Congress on the first trading day of June.