Executive Mosaic’s GovCon Index ended its four-day winning streak, following a 0.01% slip to $4,986.08. Stock movement was limited mid-week, although the Dow Jones Industrial Average (+0.44%) rose for the sixth consecutive session. The benchmark S&P 500 was flat, while the Nasdaq Composite (-0.18%) drifted lower.
September 20, 2024
Hello, Guest!
GovCon News
May 9 Market Report: Executive Mosaic’s GovCon Index Turns Positive, Dow Jones Hits 5-Week High
Executive Mosaic’s GovCon Index turned positive, rising 0.79% to $5,025.82. The blue-chip Dow Jones (+0.85%) locks in its seventh straight session, while the S&P 500 (+0.51%) topped 5,200 and the Nasdaq Composite (+0.27%) ticked higher. New unemployment data lifted Wall Street.
May 10 Market Report: Executive Mosaic’s GovCon Index Edges Higher, Dow Jones Marks 8th Straight Daily Gain
Executive Mosaic’s GovCon Index gained 0.13% to $5,032.33 before the weekend, its fourth winning session in five days. On Wall Street, the Dow Jones Industrial (+0.32%) extended its daily gain to eight, while the S&P 500 (0.16%) rose modestly. Only the Nasdaq Composite (-0.03%) tilted toward red territory.
May 13 Market Report: Executive Mosaic’s GovCon Index Retreats, Major US Indexes End Flat
Executive Mosaic’s GovCon Index slipped 0.49% Monday to $5,007.86 following its strongest week in 2024. Wall Street’s top indexes were mostly flat, although the Nasdaq Composite (+0.29%) ended positive. The Dow Jones Industrial Average (-0.21%) snapped its eight-day winning streak, while the S&P 500 (-0.02%) closed lower.
May 14 Market Report: Executive Mosaic’s GovCon Index Posts Meager Gain, Wall Street Settles Higher
Executive Mosaic’s GovCon Index ends slightly higher at $5,011.61 on a meager gain (+0.07%). All three major U.S. stock indexes also advanced, with the Nasdaq Composite (+0.75%) notching a record close. The blue-chip Dow Jones (+0.32%) recovered from Monday’s losses, while the S&P 500 (+0.48%) had a five-week high.
May 15 Market Report: Executive Mosaic’s GovCon Index Clings to Gain, Cooler Inflation Lifts US Stock Indexes
Executive Mosaic’s GovCon Index stayed positive, rising 0.19% to $5,021 for another daily gain. All three major stock indexes posted news highs due to lower inflation readings in April. The Nasdaq Composite (+1.17%) and S&P 500 (+1.17%) finished strong, while the blue-chip Dow Jones (+0.885) closed near the 40,000 level.
May 16 Market Report: Executive Mosaic’s GovCon Index Goes Against Tide, Major Stock Indexes Drift Lower
Executive Mosaic’s GovCon Index stayed positive, rising 0.36% to $5,039.19. Wall Street’s top three stock indexes lost steam and ended in the red zone. The Dow Jones Industrial Average (-0.10%) breached 40,000 at one point before settling lower, while the Nasdaq Composite (-026%) and S&P 500 (-0.21%) also turned red.
May 17 Market Report: Executive Mosaic’s GovCon Index Posts 4th Straight Daily Gain, Dow Jones Tops 40,000 Mark
Executive Mosaic’s GovCon Index closed 0.25% higher at $5,051.61, registering its fourth straight daily gain. The blue-chip Dow Jones Industrial Average (+0.34%) ended above 40,000 for the first time in 139 years, while the S&P 500 (+0.12%) inched higher. Only the Nasdaq Composite (-0.07%) turned red before the weekend.
May 20 Market Report: Executive Mosaic’s GovCon Index Sustains Momentum, Dow Jones Drops Below Record High
Executive Mosaic’s GovCon Index extended its winning streak to five days, rising 0.24% to $5,063.87. The Nasdaq Composite (+0.65%) and S&P 500 (+0.09%) advanced, while the Dow Jones Industrial Average (-0.49%) settled below 40,000. Bonds were the headwinds Monday, as the ten-year Treasury yield rose to 4.436%.
May 21 Market Report: Executive Mosaic’s GovCon Index Extends Hot Streak to 6 Days, New Closing Highs at Wall Street
Executive Mosaic’s GovCon Index is on a roll, rising to $5,069.49 on another modest gain. The Dow Jones Industrial Average (+0.17%) turned positive, while the S&P 500 (+0.25%) and Nasdaq Composite (+0.22%) registered new closing highs. Strong quarterly earnings drove Wall Street higher.
May 22 Market Report: Executive Mosaic’s GovCon Index Stays Positive, Wall Street Retreats
Executive Mosaic’s GovCon Index stayed positive, ending at $5,070.54 (+0.02%) following a tiny gain. However, Wall Street retreats as rate cuts hope dim. The Dow Jones Industrial Average (-0.51%) had its worst trading day in May, while the S&P 500 (-0.27%) and Nasdaq Composite (-0.18%) lost steam.
May 23 Market Report: Executive Mosaic’s GovCon Index Ends 7-Day Winning Streak, Wall Street Sinks
Executive Mosaic’s GovCon Index ended its seven-day winning streak following a 0.89% decline to $5,025.37. The Dow Jones Industrial Average (-1.53%) shed 605 points for its worst session in 2024, while the S&P 500 (-0.74%) dropped to a one-week low. Around 78% of Nasdaq Composite (-0.39%) constituents declined.
