Executive Mosaic’s GovCon Index started the week on a negative note, dipping 0.66% to $4,848.64. However, the main U.S. stock indexes rebounded, led by the Nasdaq Composite (+0.82%). The S&P 500 (+0.63%) ended its three-day losing streak, while the Dow Jones Industrial (+0.20%) rose slightly.
September 20, 2024
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GovCon News
March 19 Market Report: Executive Mosaic’s GovCon Index Rebounds, Major Exchanges Advance
Executive Mosaic’s GovCon Index rebounded from Monday’s loss, rising 0.69% to $4,882.43. U.S. stocks started the session tentatively but eventually ended with modest gains. The S&P 500 (+0.56%) recorded a new all-time high, while the Dow Jones Industrial Average (+0.56%) and Nasdaq Composite (+0.39%) settled slightly below their recent highs.
March 20 Market Report: Executive Mosaic’s GovCon Index Rises Again, Wall Street Buoyed by Clear Rate Path
Executive Mosaic’s GovCon Index advanced 0.74% to $4.919.04. All three major U.S. stock indexes jumped following a clear direction of interest rates. The Nasdaq Composite climbed 0.89%, while the blue-chip Dow Jones (+1.03%) and S&P 500 (+0.89%) posted new all-time highs. Also, the ten-year Treasury yield closed lower at 4.28%.
March 21 Market Report: Executive Mosaic’s GovCon Index Slips, Wall Street Resumes Push to Record Highs
Executive Mosaic’s GovCon Index slipped 0.45% to $4,897.19 Thursday. The blue-chip Dow Jones (+0.68%) set a new record and is on the cusp of breaching 40,000 for the first time. Semiconductor stocks lifted Nasdaq (+0.20%) to a fresh record, while the S&P 500 Index (+0.32%) reached a new all-time high.
March 22 Market Report: Executive Mosaic’s GovCon Index Extends Slide, Wall Street Retreats from Record Highs
Executive Mosaic’s GovCon Index ticked lower for the second straight day, slipping 0.45% to $4,880.65. Wall Street paused from its record performance, with the Dow Jones Industrial Average (-0.77%) and S&P 500 (-0.14%) closing in the red. However, the Nasdaq Composite (+0.16%) advanced and posted its 11th straight weekly gain.
March 25 Market Report: Executive Mosaic’s GovCon Index Turns Positive, Wall Street’s Main Indexes Post Losses
Executive Mosaic’s GovCon Index edged 0.11% higher to $4,885.96 compared to the moderate losses of Wall Street’s Big Three. The Dow Jones Industrial Average (-0.41%), S&P 500 (-0.31%), and the Nasdaq Composite (-0.27%) took a breather after recording their best week in 2024 last week.
March 26 Market Report: Executive Mosaic’s GovCon Index Ticks Higher, Wall Street Rally Fades
Executive Mosaic’s GovCon Index closed slightly higher at $4,876.97 (+0.08%) as Wall Street’s main indexes posted moderate losses. The Dow Jones Industrial Average (-0.08%) and S&P 500 (-0.28%) extended their losing streaks to three, while the Nasdaq Composite (-0.42%) ended in the red for the second straight session.
March 27 Market Report: Executive Mosaic’s GovCon Index Surges, Markets Regain Momentum
Executive Mosaic’s GovCon Index made a significant leap, surging 1.2% to $4,942.61 as markets regained momentum. The main stock indexes settled higher, with the Dow Jones Industrial Average gaining 477.75 points (+1.22%). The S&P 500 (+0.86%) marked a new all-time high, while the Nasdaq Composite (+0.51%) finished near its record.
March 28 Market Report: Executive Mosaic’s GovCon Index Ends Shortened Week in Positive Zone
Executive Mosaic’s GovCon Index rose 0.41% to $4,963.08 and kept pace with Wall Street’s push to new record highs. While the tech-heavy Nasdaq Composite (-0.12%) closed in the red, the S&P 500 (+0.11%) and Dow Jones Industrial (+0.12%) gained to post their best first quarters since 2019 and 2021, respectively.
April 1 Market Report: Executive Mosaic’s GovCon Index Slips to Kick Off 2nd Quarter, Major Indexes Close Mixed
Executive Mosaic’s GovCon Index slipped 0.66% to $4,930.46 after a strong showing in March. The Dow Jones Industrial Average (-0.60%) and S&P 500 (-0.20%) fell from their record highs. Only the Nasdaq Composite (+0.11%) advanced to start April and a new quarter. Also, the ten-year Treasury yield rose to 4.319%.
April 2 Market Report: Executive Mosaic’s GovCon Index and Wall Street Slump on Heightened Volatility
Executive Mosaic’s GovCon Index had another down day, closing 0.88% lower at $4,886.33. Wall Street retreated from record territory, with the Dow Jones Industrial Average (-1.0%) and S&P 500 (-0.72%) posting their worst day in nearly a month. The tech-heavy Nasdaq Composite (-0.95%) slumped on the weakness of semiconductor stocks.
April 3 Market Report: Executive Mosaic’s GovCon Index Extends Slump, Wall Street Under Pressure
Executive Mosaic’s GovCon Index ticked lower to $4,870.19 (-0.33%) and has lost 1.9% since April 1st. Wall Street was under pressure due to rate cuts uncertainty. The blue-chip Dow Jones Industrial Average (-0.11%) dropped to a two-week low, while the S&P 500 (+0.11%) and Nasdaq Composite (+0.23%) posted moderate gains.
