Executive Mosaic’s GovCon Index slipped -0.56% to $4,867.67, ending its two-day recovery rally. However, Palantir Technologies (Nasdaq: PLTR), its top-performing stock in 2024, soared in after-hours trading. The top three U.S. benchmarks closed lower due to a looming trade war with Canada, Mexico and China. The Nasdaq Composite declined -1.20% as mega-cap tech stocks retreated. Only Facebook parent Meta (Nasdaq:...
February 5, 2025
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GovCon News
January 31 Market Report: Executive Mosaic’s GovCon Index Sustains Gain, Tariffs Spook Market
Executive Mosaic’s GovCon Index sustained its recovery rally, closing slightly higher at $4,895.06 (+0.28%). However, Wall Street’s major benchmarks ended in negative territory as the Trump administration prepares to impose tariffs on Mexico, Canada and China. The Dow Jones Industrial Average (-0.75%) shed 337.47 points, while the S&P 500 (-0.50%) and Nasdaq Composite (-0.28%) reversed Thursday’s gains. Balanced Outcome On...
January 30 Market Report: Executive Mosaic’s GovCon Index Arrests Skid, Major US Benchmarks Bounce Back
Executive Mosaic’s GovCon Index rose +1.30% to $4,881.46 and averted a seven-day skid. Wall Street bounced back on strong corporate earnings, although the threat of tariffs muted overall gains. The Dow Jones Industrial Average (+0.38%) hit an 8-week high, while the S&P 500 (+0.53%) and Nasdaq Composite (+0.25%) settled higher. International Business Machines (NYSE: IBM) popped +12.96% due to the...
January 29 Market Report: Executive Mosaic’s GovCon Index Sags, Wall Street Turns Red After Rate Cut Pause
Executive Mosaic’s GovCon Index fell -1.19% to $4,817.80 for its sixth consecutive daily loss since posting its best day performance on Jan. 21, 2025. The Dow Jones Industrial Average (-0.31%), S&P 500 (-0.47%) and Nasdaq Composite (-0.51%) turned red after the U.S. Federal Reserve paused its rate-cutting cycle. More than 50% of NYSE stocks and Nasdaq components declined following the...
January 28 Market Report: Executive Mosaic’s GovCon Index Sinks, Tech Sector Rebounds From Rout
Executive Mosaic’s GovCon Index sunk -2.85% to $4,874.96, extending its losing streak to five days. However, the tech-heavy Nasdaq Composite (+2.03%) rebounded from Monday’s beating due to the challenge of Chinese startup DeepSeek in artificial intelligence. The S&P 500 (+0.92%) recovered from the selloff, while the Dow Jones Industrial Average (+0.31%) registered a third straight daily gain. NVIDIA (Nasdaq: NVDA)...
January 27 Market Report: Executive Mosaic’s GovCon Index Ticks Lower, Unknown AI Startup Sends US Tech Stocks Crashing
Executive Mosaic’s GovCon Index dipped slightly lower to $5,014.05 (-0.04%) to start the week. However, a competitive artificial intelligence model by Deep Seek sent the tech-heavy Nasdaq Composite (-3.07%) crashing. The S&P 500 Index (-1.46%) sunk, but the Dow Jones Industrial Average (+0.65%) closed in positive territory. Some industry analysts say the latest AI models of the Chinese startup are...
January 24 Market Report: Executive Mosaic’s GovCon Index Slumps, Major US Benchmarks End Winning Streak
Executive Mosaic’s GovCon Index fell -1.02% to $5,016.21, extending its slump to three days. The Dow Jones Industrial Average (-0.32%), S&P 500 (-0.29%), and Nasdaq Composite (-0.50%) snapped their four-day winning streaks but ended positive for the week. Tech stocks led Friday’s slide, although Twilio (NYSE: TWLO) bucked the downtrend. The cloud communications software company jumped +20.13% after giving a...
January 23 Market Report: Executive Mosaic’s GovCon Index Tanks, Major US Indexes Post 4th Straight Winning Session
Executive Mosaic’s GovCon Index declined -1.55% to $5,067.31 for its worst performance in January. All three major U.S. benchmarks advanced for the fourth straight session. The broad S&P 500 Index (+0.53%) closed at a new record high, the Dow Jones Industrial Average (+0.92%) added 408 points, and the Nasdaq Composite (+0.22%) ticked higher. Favorable corporate earnings were tailwinds...
January 22 Market Report: Executive Mosaic’s GovCon Index Ends Winning Streak, AI Investment News Lifts Wall Street
Executive Mosaic’s GovCon Index declined 0.44% to $5,145.68, ending its eight-day winning streak. On Wall Street, the Dow Jones Industrial Average (+0.30%) and S&P 500 (+0.61%) advanced for the third straight session. The Nasdaq Composite rose +1.28% following the formation of a joint venture and the announcement of a $500 billion investment in artificial intelligence infrastructure. Winning streak ends ...
January 21 Market Report: Executive Mosaic’s GovCon Index Logs Largest One-Day Gain, Best Day Performance
Executive Mosaic’s GovCon Index settled higher at $5,168.47 (+2.85%) after logging its largest one-day gain. Wall Street welcomed President Donald Trump’s decision to delay imposing across-the-board tariffs on trading partners. The Dow Jones Industrial Average (+1.24%), S&P 500 (+0.88%), and the Nasdaq Composite closed at new week highs. Only energy among the 11 S&P 500 primary sectors declined to start...
January 17 Market Report: Executive Mosaic’s GovCon Index Stretches Winning Run, Wall Street Surges
Executive Mosaic’s GovCon Index advanced +0.32% to $5,021.18 for its seventh straight daily win. Besides erasing Thursday’s losses, the Nasdaq Composite (-1.51%), S&P 500 (+1%), and the Dow Jones Industrial Average (-0.78%) recorded their best weekly performances in two months. The consumer discretionary, technology, and communication services sectors led Friday’s rally. Crypto-related stocks MicroStrategy (Nasdaq: MSTR) and MARA Holdings...
January 16 Market Report: Executive Mosaic’s GovCon Index Tops $5,000, Major US Benchmarks Ends in the Red
Executive Mosaic’s GovCon Index extended its winning run to six days, rising +0.92% higher to $5,005.25. Wall Street’s top three indexes reversed course from Wednesday’s breakout. The Nasdaq Composite (+0.89%), S&P 500 (-0.21%), and the Dow Jones Industrial Average (-0.16%) ended in the red. All Magnificent Seven stocks underperformed, led by the iPhone maker’s -4.04% drop. Market research firm Canalys...
